Carvana CFO Jenkins Exercises Options and Sells Shares Under 10b5-1 Plan
This Form 4 filing reports transactions by Carvana Co. CFO Mark W. Jenkins involving stock option exercises and share sales executed under a Rule 10b5-1 trading plan. On April 29, 2026, Jenkins received 22,231 restricted stock units that vested, with 9,193 shares withheld for taxes. On May 1, 2026, he exercised three separate stock options totaling 12,750 shares at exercise prices ranging from $10.07 to $51.97 per share. Concurrently, Jenkins sold 12,750 shares acquired through the option exercises across multiple transactions at prices ranging from $378.56 to $400.04 per share. The sales were executed pursuant to a pre-established 10b5-1 plan adopted on August 5, 2024. Following these transactions, Jenkins' direct holdings of Carvana Class A Common Stock decreased to 210,127 shares. The filing demonstrates significant executive activity involving both equity compensation realization and planned share dispositions.