Carvana Officer Daniel J. Gill Files Form 144 to Sell $18.1M in Stock

Executive Summary

On November 3, 2026, Daniel J. Gill, an Officer of Carvana Co ($CVNA), filed Form 144 indicating an intent to sell 253,639 shares of Common Stock through the Daniel and Lian Gill Family Trust. The proposed transaction carries an estimated aggregate market value of approximately $18.12 million.

Transaction Overview

• Filer: Daniel J. Gill (Trustee, Daniel and Lian Gill Family Trust)
• Role: Officer
• Number of Shares: 253,639 Common shares
• Aggregate Market Value: $18,123,901.56 (~$71.46 per share)
• Shares Outstanding: 722,713,745
• Approximate Sale Date: November 3, 2026
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services

Origin of Securities

The shares being sold originated from restricted stock units that vested on July 1, 2024, received as executive compensation directly from the issuer.

Market & Trading Significance

This planned disposition is deemed High significance due to the substantial dollar value ($18.12M). While vesting equity sales are customary for executive compensation monetization, market participants often track large executive sales for sentiment indicators regarding valuation.