Carvana Co. director Ira J. Platt sells $2.15M in shares
An open-market sale on Nov 3, reported to the SEC on Nov 3, not marked as part of a 10b5-1 plan.
Ira J. Platt sold $2.15 million of Carvana Co. (CVNA) stock on Nov 3, according to an SEC filing. The director received an average of $71.74 for 30,000 shares.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. The trade was reported within two business days, as Section 16 requires.
Three Carvana Co. insiders sold on the open market within 14 days, a pattern known as a cluster sell. After the trade, the filing lists 186,470 shares held.
Figures come from the Form 4 filed with the SEC; the table lists the open-market rows this article covers.
| Company | Carvana Co. (CVNA) |
|---|---|
| Insider | Ira J. Platt |
| Role | Director |
| Transaction | Open-market sale (code S) |
| Shares | 30,000 |
| Average price | $71.74 |
| Value | $2,152,200 |
| Trade date | Nov 3, 2026 |
| Filed with the SEC | Nov 3, 2026, 5:35 PM ET |
| Shares held after | 186,470 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
See the detailed report on this CVNA sale
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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.
