Carvana Co. chief product officer Daniel J. Gill sells 253,639 shares worth $18.1M
After the sale, the filing lists 773,548 shares held.
A chief product officer at Carvana Co., Daniel J. Gill, sold 253,639 shares of the company's stock on the open market on Nov 3. The sale, at an average of $71.46 a share, comes to $18.1 million.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. Three Carvana Co. insiders sold on the open market within 14 days, a pattern known as a cluster sell.
The sale reduces the insider's holding by 25%, to 773,548 shares. The trade was reported within two business days, as Section 16 requires.
Details from the SEC filing:
| Company | Carvana Co. (CVNA) |
|---|---|
| Insider | Daniel J. Gill |
| Role | Chief Product Officer |
| Transaction | Open-market sale (code S) |
| Shares | 253,639 |
| Average price | $71.46 |
| Value | $18,125,043 |
| Trade date | Nov 3, 2026 |
| Filed with the SEC | Nov 3, 2026, 5:35 PM ET |
| Shares held after | 773,548 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
