Summary by Futu AI
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a series of transactions selling a total of 120,000 shares of Class A Common Stock between June 14, 2024, and June 17, 2024. The sales were executed in the open market with prices ranging from $100.6195 to $109.2865 per share, culminating in a total market value of $12,461,974.26. Following these transactions, Garcia II's direct holdings in Carvana amount to 1,177,500 shares. Additionally, indirect holdings through various trusts and entities total 36,164,335 shares, including both Class A and Class B Common Stock, with entities such as Verde Investments, Inc., Ernest Irrevocable 2004 Trust III, Ernest C. Garcia III Multi-Generational Trust III, and ECG II SPE, LLC.