Form 4 | Carvana's Director Ernest C. Garcia II sold 4,000,000 Covered Call Options

Filings Track

14 May

Ernest C. Garcia II, a Director of Carvana, sold 4,000,000 Covered Call Options on May 9, 2025, each with a reference price of $24.75 and an expiration date of April 17, 2026. Additionally, he pledged 4,000,000 shares of Class B common stock and 5,000,000 Class A units of Carvana Group, LLC to secure the transaction. This significant sale of options by a director usually signals a bearish outlook for the company's stock price. Investors should closely monitor this activity.

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Garcia II, a Director of Carvana, sold 4,000,000 Covered Call Options on May 9, 2025, each with a reference price of $24.75 and an expiration date of April 17, 2026. Additionally, he pledged 4,000,000 shares of Class B common stock and 5,000,000 Class A units of Carvana Group, LLC to secure the transaction. This significant sale of options by a director usually signals a bearish outlook for the company's stock price. Investors should closely monitor this activity.","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Form 4 | Carvana's Director Ernest C. 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Garcia II sold 4,000,000 Covered Call Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1033292654\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/f241068b466f5f9316243a75366834d5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Filings Track </p>\n<p class=\"h-time\">2025-05-14 07:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\nErnest C. Garcia II, a Director of Carvana, sold 4,000,000 Covered Call Options on May 9, 2025, each with a reference price of $24.75 and an expiration date of April 17, 2026. Additionally, he pledged 4,000,000 shares of Class B common stock and 5,000,000 Class A units of Carvana Group, LLC to secure the transaction. This significant sale of options by a director usually signals a bearish outlook for the company's stock price. Investors should closely monitor this activity.\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CVNA","symbol_name":"Carvana Co.","start_time":0,"source_url":"","article_id":"1104336610","we_media_id":"1033292654","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104336610","pubTimestamp":1747178111,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Filings Track","introduction":"Stay Updated with Major Exchanges' Announcements","home_visible":1,"id":"1033292654","head_image":"https://static.tigerbbs.com/f241068b466f5f9316243a75366834d5"},"summary":"Ernest C. Garcia II, a Director of Carvana, sold 4,000,000 Covered Call Options on May 9, 2025, each with a reference price of $24.75 and an expiration date of April 17, 2026. Additionally, he pledged 4,000,000 shares of Class B common stock and 5,000,000 Class A units of Carvana Group, LLC to secure the transaction. 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