Summary by Moomoo AI
Carvana Co Cl A officer Mark Jenkins is set to sell 55,000 shares of common stock on April 1, 2024, with an aggregate market value of approximately $4,835,050. The shares to be sold were acquired through the exercise of stock options and from restricted and performance stock units. Specifically, 50,000 shares were obtained on April 1, 2024, through stock options exercised with cash, and an additional 5,000 shares were acquired on November 1, 2020. This transaction follows a recent sale of 5,000 shares on March 15, 2024, which resulted in gross proceeds of $396,835.5. The notice for the upcoming sale was filed on the same day as the planned sale date.