Form 4 | CARVANA Director Ernest C. Garcia II sold 57,805 shares.

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CARVANA Director Ernest C. Garcia II conducted multiple sales on July 29 and July 30, 2025, totaling 57,805 shares of CARVANA common stock. Additionally, Garcia converted 50,000 Class A units into shares. Intensive share reductions by directors typically suggest that the company's current stock price might be overvalued, which should be noted by investors for potential impact.

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