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

SEC ·  Aug 28 07:40
Summary by Futu AI
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a series of stock transactions involving the sale of Class A Common Stock between August 23, 2024, and August 26, 2024. The transactions were executed in the open market with prices ranging from $151.68 to $158.9475 per share. Garcia sold a total of 190,814 shares indirectly through Verde Investments, Inc., with a total market value of approximately $29,802,554.84. After these transactions, Garcia's indirect holdings through Verde Investments, Inc. stood at 8,000,000 shares. Additionally, direct transactions on August 26, 2024, resulted in the sale of 18,372 shares of Class A and Class B Common Stock, leaving Garcia with a direct holding of 41,433,131 shares. The sales were part of Garcia's portfolio management strategy and were completed as planned.
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a series of stock transactions involving the sale of Class A Common Stock between August 23, 2024, and August 26, 2024. The transactions were executed in the open market with prices ranging from $151.68 to $158.9475 per share. Garcia sold a total of 190,814 shares indirectly through Verde Investments, Inc., with a total market value of approximately $29,802,554.84. After these transactions, Garcia's indirect holdings through Verde Investments, Inc. stood at 8,000,000 shares. Additionally, direct transactions on August 26, 2024, resulted in the sale of 18,372 shares of Class A and Class B Common Stock, leaving Garcia with a direct holding of 41,433,131 shares. The sales were part of Garcia's portfolio management strategy and were completed as planned.
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