Summary by Moomoo AI
Ernest C. Garcia II, associated with Carvana Co. [CVNA], completed a series of transactions selling a total of 100,000 shares of Class A Common Stock between April 26, 2024, and April 29, 2024. The sales were executed in the open market with prices ranging from $80.0928 to $87.8791 per share, culminating in a total market value of $8,273,601.99. Following these transactions, Garcia II's direct holdings in Carvana's Class A Common Stock decreased to 3,212,500 shares. Additionally, Garcia II has indirect holdings through various entities, including Verde Investments, Inc., Ernest Irrevocable 2004 Trust III, and Ernest C. Garcia III Multi-Generational Trust III, amounting to a total of 36,164,335 shares in both Class A and Class B Common Stock.