share_log

Carvana(CVNA.US) 10% Shareholder Sells US$20.78 Million in Common Stock

Moomoo News ·  Jul 16 20:21

$Carvana (CVNA.US)$ 10% Shareholder GARCIA ERNEST C. II sold 150K shares of common stock on Jul 12, 15, 2024 at an average price of $138.5121 for a total value of $20.78 million.

This transaction involves other related parties: VERDE INVESTMENTS, INC. and ECG II SPE, LLC.

1721175666862745364.png

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment