# EDGAR Filing Document

**Accession Number:** 0001700537
**File Stem:** 0001700537-26-000008
**Filing Date:** 2026-4
**Character Count:** 11211
**Document Hash:** 39aa8bca9e5a0f768a398cda0ddf4528
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001700537-26-000008.hdr.sgml**: 20260403

**ACCESSION NUMBER**: 0001700537-26-000008

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260401

**FILED AS OF DATE**: 20260403

**DATE AS OF CHANGE**: 20260403

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** HUSTON BENJAMIN E.
- **CENTRAL INDEX KEY:** 0001700537

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38073
- **FILM NUMBER:** 26838477

**MAIL ADDRESS:**
- **STREET 1:** 300 E RIO SALADO PKWY
- **CITY:** TEMPE
- **STATE:** AZ
- **ZIP:** 85281
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CARVANA CO.
- **CENTRAL INDEX KEY:** 0001690820
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 814549921
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 300 E. RIO SALADO PARKWAY
- **CITY:** TEMPE
- **STATE:** AZ
- **ZIP:** 85281
- **BUSINESS PHONE:** (480) 719-8809

**MAIL ADDRESS:**
- **STREET 1:** 300 E. RIO SALADO PARKWAY
- **CITY:** TEMPE
- **STATE:** AZ
- **ZIP:** 85281

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[x] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>HUSTON BENJAMIN E.<br><sub>(Last) (First) (Middle)</sub><br>C/O CARVANA CO.<br>300 E. RIO SALADO PARKWAY<br><sub>(Street)</sub><br>TEMPE, AZ 85281<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-04-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Operating Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CARVANA CO. [ CVNA ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2026-04-01 |  | F |  | 4508<sup>(1)</sup> | D | $312.09 | 92924 | D |  |
| Class A Common Stock | 2026-04-01 |  | M |  | 10000<sup>(2)</sup> | A | $10.07 | 102924 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 120<sup>(2)</sup> | D | 295.99<sup>(3)(4)</sup> | 102804 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 200<sup>(2)</sup> | D | 296.75<sup>(3)(5)</sup> | 102604 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 80<sup>(2)</sup> | D | 298.91<sup>(3)(6)</sup> | 102524 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 320<sup>(2)</sup> | D | 300.43<sup>(3)(7)</sup> | 102204 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 320<sup>(2)</sup> | D | 301.62<sup>(3)(8)</sup> | 101884 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 395<sup>(2)</sup> | D | 302.69<sup>(3)(9)</sup> | 101489 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 125<sup>(2)</sup> | D | 303.96<sup>(3)(10)</sup> | 101364 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 240<sup>(2)</sup> | D | 304.92<sup>(3)(11)</sup> | 101124 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 40<sup>(2)</sup> | D | $305.76 | 101084 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 360<sup>(2)</sup> | D | 307.30<sup>(3)(12)</sup> | 100724 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 840<sup>(2)</sup> | D | 308.47<sup>(3)(13)</sup> | 99884 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 720<sup>(2)</sup> | D | 309.45<sup>(3)(14)</sup> | 99164 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 784<sup>(2)</sup> | D | 310.61<sup>(3)(15)</sup> | 98380 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 2296<sup>(2)</sup> | D | 311.59<sup>(3)(16)</sup> | 96084 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 1240<sup>(2)</sup> | D | 312.59<sup>(3)(17)</sup> | 94844 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 560<sup>(2)</sup> | D | 313.60<sup>(3)(18)</sup> | 94284 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 680<sup>(2)</sup> | D | 314.53<sup>(3)(19)</sup> | 93604 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 360<sup>(2)</sup> | D | 315.66<sup>(3)(20)</sup> | 93244 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 80<sup>(2)</sup> | D | 316.30<sup>(3)(21)</sup> | 93164 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 120<sup>(2)</sup> | D | 317.98<sup>(3)(22)</sup> | 93044 | D |  |
| Class A Common Stock | 2026-04-01 |  | S |  | 120<sup>(2)</sup> | D | 320.86<sup>(3)(23)</sup> | 92924 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Options (Right to Buy) | $10.07 | 2026-04-01 |  | M<sup>(2)</sup> |  |  | 10000 | 2024-04-01<sup>(24)</sup> | 2033-02-22 | Class A Common Stock | 10000 | $0 | 308513 | D |  |

---

### Footnotes:

(1) Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

(2) The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024 (the "10b5-1 Plan").

(3) The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

(4) This transaction was executed in multiple trades at prices ranging from $295.55 to $296.22 inclusive.

(5) This transaction was executed in multiple trades at prices ranging from $296.55 to $297.10, inclusive.

(6) This transaction was executed in multiple trades at prices ranging from $298.46 to $299.35 inclusive.

(7) This transaction was executed in multiple trades at prices ranging from $299.86 to $300.66, inclusive.

(8) This transaction was executed in multiple trades at prices ranging from $301.00 to $301.95, inclusive.

(9) This transaction was executed in multiple trades at prices ranging from $302.16 to $303.04, inclusive.

(10) This transaction was executed in multiple trades at prices ranging from $303.28 to $304.21, inclusive.

(11) This transaction was executed in multiple trades at prices ranging from $304.32 to $305.20 inclusive.

(12) This transaction was executed in multiple trades at prices ranging from $306.94 to $307.56, inclusive.

(13) This transaction was executed in multiple trades at prices ranging from $307.98 to $308.87, inclusive.

(14) This transaction was executed in multiple trades at prices ranging from $309.06 to $309.81, inclusive.

(15) This transaction was executed in multiple trades at prices ranging from $310.07 to $311.05, inclusive.

(16) This transaction was executed in multiple trades at prices ranging from $311.08 to $312.04, inclusive.

(17) This transaction was executed in multiple trades at prices ranging from $312.16 to $313.13, inclusive.

(18) This transaction was executed in multiple trades at prices ranging from $313.16 to $314.13, inclusive.

(19) This transaction was executed in multiple trades at prices ranging from $314.16 to $315.04, inclusive.

(20) This transaction was executed in multiple trades at prices ranging from $315.18 to $316.12, inclusive.

(21) This transaction was executed in multiple trades at prices ranging from $316.19 to $316.40, inclusive.

(22) This transaction was executed in multiple trades at prices ranging from $317.48 to $318.47, inclusive.

(23) This transaction was executed in multiple trades at prices ranging from $320.49 to $321.05 inclusive.

(24) The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the followingthree years, subject to the Reporting Person's continued service with the Issuer.

**Signature:** /s/ Paul Breaux, by Power of Attorney for Benjamin E. Huston  
**Date:** 2026-04-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**