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sellModerate cluster of 610b5-1 plan

Ernest C. Garcia III sold $3.3M of CVNA

Chief Executive Officer at CARVANA CO.. 8,699 shares at an average of $383.72, traded Sep 23, 2025, filed Sep 25, 2025.

Warning score
45
Value
$3.3M
8,699 shares
Holdings after
507,091
-2% from before
From 52-week low
+133%
low $32.51, close $75.62
From 52-week high
-4%
high $78.38, as of Sep 23, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $3.3M at market
    +25
  • Share of holdings sold
    Sold 2.1% of holdings
    0
  • Cluster
    6 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -5.4%, 3m +18.9%, 6m -18.9%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

CVNAOct 9, 2026 · close 63.73
Since filing Sep 25, 2025: -14.2%SPY +19.5% · excess -33.7%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001700548-25-000090, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-192$377.24$72k411,248Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-192$377.24$72k511,248Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-895$378.20$338k410,353Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-895$378.20$338k510,353Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-412$379.20$156k409,941Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-412$379.20$156k509,941Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-274$380.19$104k409,667Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-274$380.19$104k509,667Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-18$381.61$6,869409,649Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-18$381.61$6,869509,649Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-148$382.20$57k409,501Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-148$382.20$57k509,501Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-154$383.12$59k409,347Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-154$383.12$59k509,347Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-49$384.09$19k409,298Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-48$384.29$18k509,299Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-386$385.96$149k408,912Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-386$385.96$149k508,913Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-824$386.86$319k408,088Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-824$386.86$319k508,089Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-311$387.67$121k407,777Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-311$387.67$121k507,778Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-51$388.81$20k407,726Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-51$388.81$20k507,727Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-306$390.15$119k407,420Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-306$390.15$119k507,421Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest Irrevocable 2004 Trust III10b5-1
-330$391.14$129k407,090Sep 25, 2025
Sep 23, 2025SOpen-market sale
Class A Common Stockindirect: Ernest C. Garcia III Multi-Generational Trust III10b5-1
-330$391.14$129k507,091Sep 25, 2025

Related signals

Other insiders at CARVANA CO. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
20Weak
CVNAsell 210b5-1
CARVANA CO.
Mark W. Jenkins
Chief Financial Officer
$3.9M
63,750 shares
-5%
17Weak
CVNAsell 210b5-1
CARVANA CO.
Stephen R Palmer
Vice President of Accounting
$308k
5,000 shares
-4%
48Moderate
CVNAbuy
CARVANA CO.
Michael E Maroone
director
$1.5M
25,000 shares
+3%
40Moderate
CVNAsell 410b5-1
CARVANA CO.
Thomas Taira
President, Special Projects
$1.2M
16,789 shares
-4%
40Moderate
CVNAsell 410b5-1
CARVANA CO.
Benjamin E. Huston
Chief Operating Officer
$3.6M
50,000 shares
-9%
27Weak
CVNAsell 410b5-1
CARVANA CO.
Mark W. Jenkins
Chief Financial Officer
$4.6M
63,750 shares
-5%
25Weak
CVNAsell 410b5-1
CARVANA CO.
Stephen R Palmer
Vice President of Accounting
$358k
5,000 shares
-4%
20Weak
CVNAsell 510b5-1
CARVANA CO.
J Danforth Quayle
director
$1.1M
14,525 shares
-6%
45Moderate
CVNAsell 5
CARVANA CO.
Ira J. Platt
director
$2.2M
30,000 shares
-15%
51Moderate
CVNAbuy
CARVANA CO.
Michael E Maroone
director
$1.5M
25,000 shares
+17%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Ernest C. Garcia III sold $3.3M of CVNA | InsiderTell