Summary by Moomoo AI
On 01/01/2025, Ernest C. Garcia III, CEO of Carvana, disposed of 670 shares of Class A Common Stock at $203.36 per share, totaling $136,251.20. The transaction was executed to cover tax liabilities related to equity compensation.Following the transaction, Garcia directly owns 902,061 shares of Carvana. Additionally, he indirectly holds 1,800,000 shares through two trusts: 950,000 shares in the Ernest C. Garcia III Multi-Generational Trust III and 850,000 shares in the Ernest Irrevocable 2004 Trust III.This insider transaction provides insight into the CEO's stock holdings and compensation structure, though it represents a small fraction of his overall ownership in the company.