Summary by Futu AI
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a series of transactions involving Class A Common Stock on August 27 and 28, 2024. Garcia sold a total of 400,000 shares over the two days, with individual transactions ranging from 100 to 25,719 shares at prices between $153.6845 and $159.54. Following these sales, Garcia's direct ownership in Class A Common Stock was reduced to zero. Concurrently, Garcia also disposed of 200,000 shares of Class B Common Stock through transactions coded 'J', leaving him with 41,233,131 shares of Class B Common Stock. The transactions were executed as open market or private sales and are now completed. Additionally, Garcia holds 33,586,021 shares indirectly through various trusts and an LLC.