Summary by Futu AI
Mark Jenkins, an officer at Carvana, completed the sale of 10,000 common shares on 12/02/2024. The shares were acquired through the exercise of stock options on the same day, with a total market value of approximately $2.6 million.This transaction is part of a series of sales by Jenkins, who has sold a total of 308,495 shares over the past three months, generating gross proceeds of approximately $70.87 million. Previous sales include transactions on 11/11/2024, 11/08/2024, 11/06/2024, 11/05/2024, and 11/04/2024.The notice for this transaction was filed on 12/02/2024, following the plan adoption on 08/05/2024. This sale reflects ongoing strategic financial decisions by Carvana's executive team.