CARVANA CO
For the period ended Mar 31, 2025. Filed May 7, 2025.
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Mar 31, 2025 · Filed May 7, 2025
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Item 5. OTHER INFORMATION
Rule 10b5-1 Trading Plan Elections
On March 6, 2025, after completion of all sales under his previous trading plan and its resulting expiration, Ira Platt, a member of the Company's board of directors, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a "10b5-1 Plan"). Mr. Platt's 10b5-1 Plan provides for the potential sale of up to 5,674 shares of Class A common stock, between the first potential sale date on June 5, 2025 and the expiration of the 10b5-1 Plan on December 31, 2026.
On March 11, 2025, after completion of all sales under his previous trading plan and its resulting expiration, Gregory Sullivan, amember of the Company's board of directors, entered into a 10b5-1 Plan. Mr. Sullivan's 10b5-1 Plan provides for the potential sale of up to 5,000 shares of Class A common stock, between the first potential sale date on June 10, 2025 and the expiration of the 10b5-1 Plan on March 31, 2026.
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