Carvana VP Stephen Palmer Sells 8,023 Shares
Part of the sale executed under pre-established Rule 10b5-1 trading plan, while Palmer retains $9 million in direct holdings.
Overview
Stephen R. Palmer, Vice President of Accounting at Carvana (NYSE:CVNA), disposed of 8,023 shares of Class A Common Stock on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($71.79); post-transaction value based on September 01, 2026, market close ($72.18).
Details
Carvana is a significant player in the automotive retail sector, with a market capitalization of $81.7 billion and TTM revenue of $25.1 billion, demonstrating substantial scale in the digital vehicle marketplace.
Source
Originally published at www.fool.com.
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