Summary by Moomoo AI
Carvana Co. director PLATT IRA J. plans to sell 25,000 shares of Class A common stock on 12/10/2024. The aggregate market value of the shares to be sold is $6,106,725. The securities were originally acquired on 03/24/2015 as stock awards from the issuer.The planned sale is part of a pre-arranged trading plan adopted on 09/10/2024, three months prior to the scheduled transaction date. This suggests a structured approach to the director's stock divestment strategy.No securities have been sold by the director in the past three months, indicating this is the first significant transaction in recent history. The sale represents a portion of the director's holdings acquired in 2015, potentially for portfolio rebalancing or personal financial planning purposes.
