CARVANA CO. (CVNA) Insider Transactions

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $69.51 to $69.59 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $70.54 to $71.53 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $71.54 to $72.53 inclusive.

F7 This transaction was executed in multiple trades at prices ranging from $72.54 to $73.15 inclusive.

F8 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

F9 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F2, F3, F5

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $69.51 to $69.59 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $70.54 to $71.53 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $71.54 to $72.53 inclusive.

F7 This transaction was executed in multiple trades at prices ranging from $72.54 to $73.15 inclusive.

F8 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

F9 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F2, F3, F4

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $69.51 to $69.59 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $70.54 to $71.53 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $71.54 to $72.53 inclusive.

F7 This transaction was executed in multiple trades at prices ranging from $72.54 to $73.15 inclusive.

F8 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

F9 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $69.51 to $69.59 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $70.54 to $71.53 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $71.54 to $72.53 inclusive.

F7 This transaction was executed in multiple trades at prices ranging from $72.54 to $73.15 inclusive.

F8 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

F9 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $69.51 to $69.59 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $70.54 to $71.53 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $71.54 to $72.53 inclusive.

F7 This transaction was executed in multiple trades at prices ranging from $72.54 to $73.15 inclusive.

F8 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

F9 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan").

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $70.67 to $71.63 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $71.68 to $72.57 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $72.74 to $73.15 inclusive.

References: F2, F3, F6

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan").

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $70.67 to $71.63 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $71.68 to $72.57 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $72.74 to $73.15 inclusive.

References: F2, F3, F5

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan").

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $70.67 to $71.63 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $71.68 to $72.57 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $72.74 to $73.15 inclusive.

References: F2, F3, F4

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan").

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $70.67 to $71.63 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $71.68 to $72.57 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $72.74 to $73.15 inclusive.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F3 This transaction was executed in multiple trades at prices ranging from $71.08 to $72.01 inclusive.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported option exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $69.51 to $69.59 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $70.54 to $71.53 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $71.54 to $72.53 inclusive.

F7 This transaction was executed in multiple trades at prices ranging from $72.54 to $73.15 inclusive.

F8 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

F9 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2025 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

Vice President, General Counsel, Secretary, and Chief Compliance Officer

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 These shares of Class A common stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.

F3 These shares of Class A common stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

F2 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 28, 2025 (the "10b5-1 Plan").

F3 The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F4 This transaction was executed in multiple trades at prices ranging from $70.67 to $71.63 inclusive.

F5 This transaction was executed in multiple trades at prices ranging from $71.68 to $72.57 inclusive.

F6 This transaction was executed in multiple trades at prices ranging from $72.74 to $73.15 inclusive.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 The Covered Call Option represents the option holder's right to purchase, and the option seller's obligation to sell, the underlying shares at the specified strike price. The Covered Call Options are held directly by ECG II SPE II, LLC ("E-SPE II"), an entity wholly owned and controlled by Mr. Garcia

F2 On October 30, 2026, E-SPE II entered into a European-style covered call option transaction with an unaffiliated third-party purchaser. Under the terms of this transaction, E-SPE II sold 10,000,000 covered call options with an exercise price of $90.00, each referencing one share of the Issuer's Class A common stock, with an expiration date of November 19, 2027. In exchange for selling these options, E-SPE II will receive a cash premium of $8.25 per option.

F3 E-SPE II pledged 10,000,000 shares of the Issuer's Class B common stock and 12,500,000 units of Carvana Group, LLC Class A units (collectively, the "Pledged Shares") to secure its obligations under the transaction. During the term of the pledge, E-SPE II retains the right to vote the Pledged Shares and retains investment/dispositive power over the Pledged Shares, subject to the terms of the pledge arrangements.

References: F1, F2, F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 This transaction was executed in multiple trades at prices ranging from $68.83 to $68.88, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F2 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 27, 2018 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 This transaction was executed in multiple trades at prices ranging from $68.83 to $68.88, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F2 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 27, 2018 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 This transaction was executed in multiple trades at prices ranging from $68.83 to $68.88, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F2 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 27, 2018 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

References: