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

SEC announcement ·  Jun 26 04:57
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 between June 21, 2024, and June 24, 2024. The sales were executed in the open market with prices ranging from $108.66 to $120.10 per share, culminating in a total market value of $13,588,929. After these transactions, Garcia II's direct holdings in Carvana amounted to 937,500 shares. Additionally, Garcia II has indirect beneficial ownership of Carvana shares 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.
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 between June 21, 2024, and June 24, 2024. The sales were executed in the open market with prices ranging from $108.66 to $120.10 per share, culminating in a total market value of $13,588,929. After these transactions, Garcia II's direct holdings in Carvana amounted to 937,500 shares. Additionally, Garcia II has indirect beneficial ownership of Carvana shares 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.
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