Carvana Co. officer Paul W. Breaux has reported a transaction involving the withholding of 4,451 shares of Class A common stock. This action, filed on November 3, 2026, is significant as it highlights the company's approach to managing equity and tax obligations.

Carvana Co., based in Tempe, Arizona, operates in the retail-auto dealers and gasoline stations sector. The company is known for its innovative approach to car sales, allowing customers to buy vehicles online and have them delivered. The recent filing is part of a series of transactions reported by Breaux, showcasing his role in the company.

The filing indicates that the shares were withheld for tax purposes upon the vesting of restricted stock units. Breaux's transaction was coded as a disposition, with a reported price of $68.29 per share. Following this transaction, he retains ownership of 417,579 shares of Carvana's Class A common stock.

This update may affect stakeholders within Carvana, including employees and investors, as it reflects the company's ongoing management of equity compensation. The filing does not specify what actions will follow this transaction, but it underscores the importance of compliance in financial reporting.

The filing does not say what happens next.

Details of the Transaction

The transaction occurred on November 1, 2026, and was classified under the SEC Form 4 as a disposition. The 4,451 shares of Class A common stock were withheld specifically for tax obligations related to the vesting of restricted stock units. This type of transaction is common among executives who receive equity compensation as part of their remuneration package.

Breaux's role within Carvana is significant, as he serves as the Vice President, General Counsel, Secretary, and Chief Compliance Officer. This multifaceted position underscores his importance in overseeing legal compliance and corporate governance within the company.

Company Information

Carvana Co. is incorporated in Delaware and operates in the retail-auto dealers and gasoline stations sector, with a fiscal year ending on December 31. The company’s headquarters is located at 300 E. Rio Salado Parkway, Tempe, Arizona, where it continues to innovate in the online vehicle sales space.

“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.”

While the filing provides details about Breaux's transaction and his role, it does not include information about any future plans or changes in Breaux's ownership stake beyond the current transaction.