Summary by Futu AI
Ernest C. Garcia II, associated with 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 June 12 to June 13, 2024. The sales were executed in the open market with prices ranging from $105.92 to $114.41 per share, resulting in a total market value of $13,061,237.11. Following these transactions, Garcia II's direct holdings in Carvana Co. amounted to 1,297,500 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 of both Class A and Class B Common Stock.