$Carvana (CVNA.US)$ 10% Shareholder GARCIA ERNEST C. II sold 200K shares of common stock on Aug 29, 30, 2024 at an average price of $151.066 for a total value of $30.21 million.
This transaction involves other related parties: ECG II SPE, LLC.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.