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

SEC announcement ·  Jun 28 07:13
Summary by Futu AI
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a substantial sale of Carvana's Class A Common Stock over two days, from June 25 to June 26, 2024. The transactions involved the disposal of 150,000 shares at prices ranging from $117.88 to $130.45, culminating in a total market value of $18,764,906.65. Following these transactions, Garcia II's direct holdings in the company amounted to 41,442,317 shares. Additionally, Garcia II has indirect beneficial ownership of 36,164,335 shares through various trusts and entities, including Verde Investments, Inc., Ernest Irrevocable 2004 Trust III, Ernest C. Garcia III Multi-Generational Trust III, and ECG II SPE, LLC.
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a substantial sale of Carvana's Class A Common Stock over two days, from June 25 to June 26, 2024. The transactions involved the disposal of 150,000 shares at prices ranging from $117.88 to $130.45, culminating in a total market value of $18,764,906.65. Following these transactions, Garcia II's direct holdings in the company amounted to 41,442,317 shares. Additionally, Garcia II has indirect beneficial ownership of 36,164,335 shares through various trusts and entities, including Verde Investments, Inc., Ernest Irrevocable 2004 Trust III, Ernest C. Garcia III Multi-Generational Trust III, and ECG II SPE, LLC.
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