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Carvana | 4: Statement of changes in beneficial ownership of securities-10% Owner GARCIA ERNEST C. II

SEC announcement ·  May 21 08:06
Summary by Futu AI
Ernest C. Garcia II, a significant shareholder in Carvana Co. [CVNA], completed a series of transactions selling a total of 120,000 shares of Class A Common Stock over the course of two days, from May 16 to May 17, 2024. The sales were executed in the open market with prices ranging from $116.436 to $122.9807 per share, resulting in a total market value of $14,229,958.15. Following these transactions, Garcia II's direct holdings in Carvana Co. amounted to 2,377,500 shares. Additionally, Garcia II has indirect holdings through various entities, including Verde Investments, Inc., Ernest Irrevocable 2004 Trust III, Ernest C. Garcia III Multi-Generational Trust III, and ECG II SPE, LLC, totaling 36,164,335 shares in both Class A and Class B Common Stock.
Ernest C. Garcia II, a significant shareholder in Carvana Co. [CVNA], completed a series of transactions selling a total of 120,000 shares of Class A Common Stock over the course of two days, from May 16 to May 17, 2024. The sales were executed in the open market with prices ranging from $116.436 to $122.9807 per share, resulting in a total market value of $14,229,958.15. Following these transactions, Garcia II's direct holdings in Carvana Co. amounted to 2,377,500 shares. Additionally, Garcia II has indirect holdings through various entities, including Verde Investments, Inc., Ernest Irrevocable 2004 Trust III, Ernest C. Garcia III Multi-Generational Trust III, and ECG II SPE, LLC, totaling 36,164,335 shares in both Class A and Class B Common Stock.
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