Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-02

Carvana (CVNA)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$8,382,555
Ernest C. Garcia, III total, FY2025
36th
CEO pay percentile vs peers
193.9:1
CEO-to-median pay ratio
97.92%
Say-on-pay support, latest vote
Companies that benchmark against CVNA
8 companies name CVNA as a compensation peer

Each company listed discloses CVNA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CVNA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ernest C. Garcia, III$961,674$0$7,419,121$0$0$0$1,760$8,382,555
President, Chief Executive Officer, and Chairman
Mark Jenkins954,43507,378,76700021,6478,354,849
Chief Financial Officer
Benjamin Huston954,43507,378,76700019,7438,352,945
Chief Operating Officer
Daniel Gill825,00006,602,76200051,8377,479,599
Chief Product Officer
Thomas Taira838,18404,458,6620007,7105,304,556
President, Special Projects

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Ernest C. Garcia, III$8,382,555
Mark Jenkins8,354,84910,521,8386,441,641−2,166,989
Benjamin Huston8,352,94510,524,6856,439,162−2,171,740
Daniel Gill7,479,5999,447,0875,791,637−1,967,488
Thomas Taira5,304,556

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Mark JenkinsChief Financial Officer2026-04-01D40$316$12,655CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D4030612,230CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D395303119,563Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01A10,00010100,700CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D4,5083121,406,902CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-04-01D4,5373121,415,952CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D8032025,622Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D1,000314313,800Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D1,017313318,107Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D12029935,850Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D28030585,403Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D8032125,684CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D2,00000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12530437,995Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D360307110,628Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D2,296312715,411Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D16029747,501Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D600308184,632Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D12030736,809Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D28030284,428Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D28030084,101Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D572315180,066Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D840308259,115Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D560314175,616Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D8031625,304Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01A7505238,978CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01A2,0004284,060CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D4,5083121,406,902CommonForm 4 ↗
Daniel GillChief Product Officer2026-04-01D4,9543121,546,094CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-04-01D1,892312590,474CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D10,00000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D8029923,913Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12032138,503Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D784311243,518Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D910318289,025Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D360316113,638Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-01D2,663312831,096CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-04-01D2,870312895,698CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-04-01D650312202,859CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-04-01D1,000318317,500CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D1,174311364,856Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D2,929312913,028Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D760310235,364Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12031838,158Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D1,240313387,612Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D24030573,181Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D920309284,013Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D32030096,138Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D32030296,518Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D388316122,561Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01A10,00010100,700CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D10,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D17730453,774Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D720309222,804Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D20029759,350Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12029635,519Common, open-market saleForm 4 ↗
Dividend-equivalent accruals2026-04-017501 insider, 1 accrual row
Benjamin HustonChief Operating Officer2026-04-01D680315213,880Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D663302200,498Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D20029659,168Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-08D3,7703411,285,570CommonForm 4 ↗
Dan QuayleDirector2026-04-14A78200CommonForm 4 ↗
Neha ParikhDirector2026-04-14A36000CommonForm 4 ↗
Ira PlattDirector2026-04-14A78200CommonForm 4 ↗
Michael MarooneDirector2026-04-14A45400CommonForm 4 ↗
Neha ParikhDirector2026-04-14A78200CommonForm 4 ↗
Dan QuayleDirector2026-04-14A29700CommonForm 4 ↗
Michael MarooneDirector2026-04-14A78200CommonForm 4 ↗
Gregory SullivanDirector2026-04-14A78200CommonForm 4 ↗
Ira PlattDirector2026-04-14A40700CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D722390281,818Common, open-market saleForm 4 ↗
Daniel GillChief Product Officer2026-04-29D10,0953974,003,576CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A10,00010100,700CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D4039815,922CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-04-29D9,2683973,675,596CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D560387216,770Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D480388186,413Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D1,120380425,074Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D1,281383490,111Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D480384184,176Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D440388170,870Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D520391203,502Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D16039362,950Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D20039578,910Common, open-market saleForm 4 ↗
Dividend-equivalent accruals2026-04-297501 insider, 1 accrual row
Benjamin HustonChief Operating Officer2026-04-29D1,240381472,056Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D410389159,564Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D10,00000Derivative, Class A CommonForm 4 ↗
Daniel GillChief Product Officer2026-04-29A19,87900CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-29A14,09900CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A22,23100CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A7505238,978CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D1,200381456,636Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D2,7903951,102,971Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D10,00000Derivative, Class A CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-04-29A22,41200CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-04-29D4,2603971,689,473CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-04-29A14,09600CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29A10,00010100,700CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D1,160380440,429Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D600386231,600Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D20939582,471Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D12039647,572Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D4039915,942CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D840381320,342Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D599386231,316Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D12039747,647Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D774390302,077Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D404385155,548Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D441387170,768Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-29D5,8303972,312,120CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D9,1933973,645,852CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A2,0004284,060CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D440379166,566Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D558385214,947Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D519389201,979Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D24039294,164Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D4040016,002CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D2,00000Derivative, Class A CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-04-29A10,30100CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-04-29D5,8293972,311,723CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29A22,23100CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D9,1933973,645,852CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D560391219,150Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D17139467,318Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D4039715,896CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D591379223,859Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D260392102,014Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D748382285,497Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D1,113383425,878Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D520384199,540Common, open-market saleForm 4 ↗
Ernest C. Garcia, IIIGreater-than-10% holder2026-05-01D2,000,00068136,115,000Derivative, Class A CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-05-01D892383341,279CommonForm 4 ↗
Ernest C. Garcia, IIIGreater-than-10% holder2026-05-01D4,000,00000Derivative, Class A CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-05-01D577383220,760CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-05-01D791383302,637CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-05-01D1,405383537,553CommonForm 4 ↗
Ernest C. Garcia, IIIGreater-than-10% holder2026-05-01D2,000,00068136,115,000Derivative, Class A CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-05-01D1,415383541,379CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-05-01D1,000395395,320CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-05-01D1,405383537,553CommonForm 4 ↗
Daniel GillChief Product Officer2026-05-01D1,542383589,969CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-05-01D651383249,073CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-05-08D4,44780354,871Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-05-08D1,1438192,160Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01A10,000884,100CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01A50,0002100,500CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D50,00000Derivative, Class A CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D120728,591Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D7,01671498,136CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-06-01D3,94871280,308CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D2,02770141,404Common, open-market saleForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-06-01D2,87971204,409CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D50,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01A3,7501038,963CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01A50,0002100,500CommonForm 4 ↗
Daniel GillChief Product Officer2026-06-01D7,70771547,197CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D29,071712,057,645Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D7,01671498,136CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-06-01D4,45571316,305CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D2,85371202,107Common, open-market saleForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D3,24571230,395CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-06-01D7,06771501,757CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D10,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D3,75000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D19,105701,332,001Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D2,50571178,556Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D36,986712,617,869Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D24,259701,691,337Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D1,82471129,960Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-06-08D5,59767375,839CommonForm 4 ↗
Dan QuayleDirector2026-06-10D14,52500Derivative, Class A CommonForm 4 ↗
Dan QuayleDirector2026-06-10A14,525343,575CommonForm 4 ↗
Dan QuayleDirector2026-06-10D14,525701,016,750CommonForm 4 ↗
Ira PlattDirector2026-06-15D7,50068510,000CommonForm 4 ↗
Ira PlattDirector2026-06-15D15,00000Derivative, Class A CommonForm 4 ↗
Ira PlattDirector2026-06-15D7,50068507,375CommonForm 4 ↗
Ira PlattDirector2026-06-15A15,000345,000CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D3,75000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D50,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01A50,0002100,500CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-07-01D1,0807176,162Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D9,84069681,125Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01A3,7501038,963CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-07-01D4,45368302,225CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D5,03867340,015Common, open-market saleForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-07-01D1,3206889,509Common, open-market saleForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-07-01D3606623,792Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D5,96067402,240Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D17,562681,196,675Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D8,20069567,604Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D10,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D7,01468476,040CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-07-01D2,88368195,669CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D4,56066301,279Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D6,71065437,358Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01A10,000884,100CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-07-01D7,07268479,977CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D7,01468476,040CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D21,130681,439,798Common, open-market saleForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 200 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Mark JenkinsChief Financial Officer2026-04-01D40$316$12,655CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D4030612,230CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D395303119,563Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01A10,00010100,700CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D4,5083121,406,902CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-04-01D4,5373121,415,952CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D8032025,622Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D1,000314313,800Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D1,017313318,107Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D12029935,850Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D28030585,403Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D8032125,684CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D2,00000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12530437,995Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D360307110,628Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D2,296312715,411Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D16029747,501Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D600308184,632Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D12030736,809Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D28030284,428Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D28030084,101Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D572315180,066Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D840308259,115Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D560314175,616Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D8031625,304Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01A7505238,978CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01A2,0004284,060CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D4,5083121,406,902CommonForm 4 ↗
Daniel GillChief Product Officer2026-04-01D4,9543121,546,094CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-04-01D1,892312590,474CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D10,00000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D8029923,913Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12032138,503Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D784311243,518Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D910318289,025Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D360316113,638Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-01D2,663312831,096CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-04-01D2,870312895,698CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-04-01D650312202,859CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-04-01D1,000318317,500CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D1,174311364,856Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D2,929312913,028Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D760310235,364Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12031838,158Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D1,240313387,612Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D24030573,181Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D920309284,013Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D32030096,138Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D32030296,518Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D388316122,561Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01A10,00010100,700CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D10,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D17730453,774Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D720309222,804Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D20029759,350Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D12029635,519Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D75000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-01D680315213,880Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D663302200,498Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-01D20029659,168Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-08D3,7703411,285,570CommonForm 4 ↗
Dan QuayleDirector2026-04-14A78200CommonForm 4 ↗
Neha ParikhDirector2026-04-14A36000CommonForm 4 ↗
Ira PlattDirector2026-04-14A78200CommonForm 4 ↗
Michael MarooneDirector2026-04-14A45400CommonForm 4 ↗
Neha ParikhDirector2026-04-14A78200CommonForm 4 ↗
Dan QuayleDirector2026-04-14A29700CommonForm 4 ↗
Michael MarooneDirector2026-04-14A78200CommonForm 4 ↗
Gregory SullivanDirector2026-04-14A78200CommonForm 4 ↗
Ira PlattDirector2026-04-14A40700CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D722390281,818Common, open-market saleForm 4 ↗
Daniel GillChief Product Officer2026-04-29D10,0953974,003,576CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A10,00010100,700CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D4039815,922CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-04-29D9,2683973,675,596CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D560387216,770Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D480388186,413Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D1,120380425,074Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D1,281383490,111Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D480384184,176Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D440388170,870Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D520391203,502Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D16039362,950Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D20039578,910Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D75000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D1,240381472,056Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D410389159,564Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D10,00000Derivative, Class A CommonForm 4 ↗
Daniel GillChief Product Officer2026-04-29A19,87900CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-29A14,09900CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A22,23100CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A7505238,978CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D1,200381456,636Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D2,7903951,102,971Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D10,00000Derivative, Class A CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-04-29A22,41200CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-04-29D4,2603971,689,473CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-04-29A14,09600CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29A10,00010100,700CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D1,160380440,429Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D600386231,600Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D20939582,471Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D12039647,572Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D4039915,942CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D840381320,342Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D599386231,316Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D12039747,647Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D774390302,077Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D404385155,548Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D441387170,768Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-04-29D5,8303972,312,120CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D9,1933973,645,852CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29A2,0004284,060CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D440379166,566Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D558385214,947Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D519389201,979Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D24039294,164Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D4040016,002CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-04-29D2,00000Derivative, Class A CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-04-29A10,30100CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-04-29D5,8293972,311,723CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29A22,23100CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D9,1933973,645,852CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D560391219,150Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D17139467,318Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D4039715,896CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D591379223,859Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D260392102,014Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D748382285,497Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D1,113383425,878Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-04-29D520384199,540Common, open-market saleForm 4 ↗
Ernest C. Garcia, IIIGreater-than-10% holder2026-05-01D2,000,00068136,115,000Derivative, Class A CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-05-01D892383341,279CommonForm 4 ↗
Ernest C. Garcia, IIIGreater-than-10% holder2026-05-01D4,000,00000Derivative, Class A CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-05-01D577383220,760CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-05-01D791383302,637CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-05-01D1,405383537,553CommonForm 4 ↗
Ernest C. Garcia, IIIGreater-than-10% holder2026-05-01D2,000,00068136,115,000Derivative, Class A CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-05-01D1,415383541,379CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-05-01D1,000395395,320CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-05-01D1,405383537,553CommonForm 4 ↗
Daniel GillChief Product Officer2026-05-01D1,542383589,969CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-05-01D651383249,073CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-05-08D4,44780354,871Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-05-08D1,1438192,160Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01A10,000884,100CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01A50,0002100,500CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D50,00000Derivative, Class A CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D120728,591Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D7,01671498,136CommonForm 4 ↗
Thomas TairaPresident, Special Projects2026-06-01D3,94871280,308CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D2,02770141,404Common, open-market saleForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-06-01D2,87971204,409CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D50,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01A3,7501038,963CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01A50,0002100,500CommonForm 4 ↗
Daniel GillChief Product Officer2026-06-01D7,70771547,197CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D29,071712,057,645Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D7,01671498,136CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-06-01D4,45571316,305CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D2,85371202,107Common, open-market saleForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-06-01D3,24571230,395CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-06-01D7,06771501,757CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D10,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D3,75000Derivative, Class A CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D19,105701,332,001Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D2,50571178,556Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D36,986712,617,869Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-06-01D24,259701,691,337Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-06-01D1,82471129,960Common, open-market saleForm 4 ↗
Thomas TairaPresident, Special Projects2026-06-08D5,59767375,839CommonForm 4 ↗
Dan QuayleDirector2026-06-10D14,52500Derivative, Class A CommonForm 4 ↗
Dan QuayleDirector2026-06-10A14,525343,575CommonForm 4 ↗
Dan QuayleDirector2026-06-10D14,525701,016,750CommonForm 4 ↗
Ira PlattDirector2026-06-15D7,50068510,000CommonForm 4 ↗
Ira PlattDirector2026-06-15D15,00000Derivative, Class A CommonForm 4 ↗
Ira PlattDirector2026-06-15D7,50068507,375CommonForm 4 ↗
Ira PlattDirector2026-06-15A15,000345,000CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D3,75000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D50,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01A50,0002100,500CommonForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-07-01D1,0807176,162Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D9,84069681,125Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01A3,7501038,963CommonForm 4 ↗
Paul W. BreauxSee Remarks2026-07-01D4,45368302,225CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D5,03867340,015Common, open-market saleForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-07-01D1,3206889,509Common, open-market saleForm 4 ↗
Stephen R. PalmerVice President of Accounting2026-07-01D3606623,792Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D5,96067402,240Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D17,562681,196,675Common, open-market saleForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D8,20069567,604Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D10,00000Derivative, Class A CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D7,01468476,040CommonForm 4 ↗
Ryan S. KeetonChief Brand Officer2026-07-01D2,88368195,669CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D4,56066301,279Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D6,71065437,358Common, open-market saleForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01A10,000884,100CommonForm 4 ↗
Ernest C. Garcia, IIIDirector2026-07-01D7,07268479,977CommonForm 4 ↗
Benjamin HustonChief Operating Officer2026-07-01D7,01468476,040CommonForm 4 ↗
Mark JenkinsChief Financial Officer2026-07-01D21,130681,439,798Common, open-market saleForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Mark JenkinsRSU2025-01-1631,816$7,378,767
Benjamin HustonRSU2025-01-1631,8167,378,767
Ernest C. Garcia, IIIRSU2025-01-1631,9907,419,121
Daniel GillRSU2025-01-1628,4706,602,762
Thomas TairaRSU2025-01-1619,2254,458,662
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Mark Jenkins$7,378,767$0$00.0%
Benjamin Huston7,378,767000.0%
Ernest C. Garcia, III7,419,121000.0%
Daniel Gill6,602,762000.0%
Thomas Taira4,458,662000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Thomas TairaRSU11,060$4,667,541
Thomas TairaOption89,94610.07
Ernest C. Garcia, IIIRSU33,18314,003,890
Daniel GillRSU29,43112,420,471
Ernest C. Garcia, IIIOption4,082126.4
Benjamin HustonOption21,46451.97
Daniel GillRSU16,8557,113,147
Mark JenkinsOption56,54742.03
Benjamin HustonOption166,17110.07
Mark JenkinsOption166,17110.07
Benjamin HustonRSU18,8497,954,655
Thomas TairaRSU19,2258,113,335
Thomas TairaRSU17,8157,518,286
Daniel GillRSU771325,377
Thomas TairaRSU476200,882
Thomas TairaOption12,59451.97
Daniel GillOption3,620126.4
Benjamin HustonRSU32,91213,889,522
Benjamin HustonRSU31,81613,426,988
Mark JenkinsRSU18,8497,954,655
Ernest C. Garcia, IIIOption21,64151.97
Benjamin HustonOption56,54742.03
Mark JenkinsOption21,46451.97
Ernest C. Garcia, IIIRSU31,99013,500,420
Ernest C. Garcia, IIIRSU22,4129,458,312
Mark JenkinsRSU32,91213,889,522
Mark JenkinsRSU31,81613,426,988
Benjamin HustonRSU22,2319,381,927
Daniel GillRSU28,47012,014,909
Mark JenkinsRSU22,2319,381,927
Daniel GillRSU19,8798,389,336
Ernest C. Garcia, IIIOption166,66710.07
Daniel GillOption148,59510.07
Ernest C. Garcia, IIIRSU19,0048,020,068
Thomas TairaRSU14,0995,950,060
Ernest C. Garcia, IIIOption57,01242.03
Daniel GillOption50,56642.03
Thomas TairaOption33,17942.03
Ernest C. Garcia, IIIRSU869366,735
Mark JenkinsRSU862363,781
Benjamin HustonRSU862363,781
Daniel GillOption19,19451.97
Thomas TairaOption2,236126.4
Mark JenkinsOption4,049126.4
Benjamin HustonOption4,049126.4
05

Incentive-plan design — the Compensation Discussion & Analysis

We target total compensation opportunities that, in the aggregate, are competitive with our approved compensation peer group, taking into account Company performance, individual performance, tenure, and experience.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantKorn Ferry
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-05803,726,52017,031,20974,71997.92%Passed
20252025-05-05830,398,6273,754,41032,66599.55%Passed
20242024-05-06856,700,6381,769,775110,41899.78%Passed
20232023-05-01758,653,0235,086,096221,74899.31%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0597.92%a
20252025-05-0599.55%b
20242024-05-0699.78%c

a. Approved under the standard stated in the filing — “For these purposes, abstentions and broker non-votes will count as votes against.”.

b. Approved under the standard stated in the filing — “Abstentions will be counted as present and entitled to vote on the proposal and will therefore have the effect of a vote "AGAINST" the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will be counted as present and entitled to vote on the proposal and will therefore have the effect of a negative vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)193.9 : 1
CEO total compensation$8,382,555
Median employee compensation$43,236
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael MarooneIndependent · Lead Independent Director · Audit$374,087$0$0$0$374,087
Gregory SullivanIndependent · Compensation and Nominating (Chair)130,000236,790000366,790
Ira PlattIndependent · Audit (Chair) · Compensation and Nominating359,940000359,940
Neha ParikhIndependent · Audit · Compensation and Nominating345,793000345,793
Dan QuayleIndependent · Compensation and Nominating326,775000326,775
Ernest C. Garcia, IIIEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)35,000 / 35,000 / 35,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$130,000
Equity awards (grant-date value)$1,643,385
All other compensation$0
Total cost of the board$1,773,385

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Carvana names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Carvana.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Wayfair Inc.2025Niraj Shah$80,000$280,557,500$0$0$280,847,068
2Uber Technologies, Inc.2025Dara Khosrowshahi1,083,33323,746,0987,373,1892,838,66035,595,826
3Autonation, Inc.2025Michael Manley1,425,00028,064,54604,647,95634,391,069
4eBay, Inc.2025Jamie Iannone1,000,00023,518,31003,570,00028,463,890
5Chewy, Inc.2025Sumit Singh1,200,00020,004,00203,183,48025,721,751
6Expedia Group, Inc.2025Ariane Gorin1,254,80815,689,8000017,592,584
7Lithia Motors, Inc.2025Bryan DeBoer1,300,00010,736,20303,783,00015,895,468
8Chipotle Mexican Grill, Inc.2025Scott Boatwright1,095,3857,800,0025,200,0071,155,00015,455,736
9Carmax, Inc.2026William Nash927,2166,024,6955,249,987487,22614,245,563
10Carvana2025Ernest C. Garcia, III961,6747,419,121008,382,555
11Zillow Group, Inc.2025Jeremy Wacksman850,2664,006,8002,249,53607,138,557
12Lyft, Inc.2025David Risher725,000001,871,6252,824,088
13DoorDash, Inc.2025Tony Xu300,000000431,864
14Airbnb, Inc.2025Brian Chesky1000242,122
15Block, Inc.2025Jack Dorsey30003

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Carvananot disclosedRSU 100not disclosedKorn Ferry
Airbnb, Inc.not disclosednot disclosednot disclosedSemler Brossy Consulting Group
Autonation, Inc.163%PSU 60 · RSU 40Yes — Relative TSRMeridian Compensation Partners, LLC
Block, Inc.not disclosednot disclosednot disclosedPay Governance LLC
Carmax, Inc.30%PSU 50 · Options 50NoSemler Brossy
Chewy, Inc.176.86%RSU 50 · PSU 50NoSemler Brossy
Chipotle Mexican Grill, Inc.53%PSU 60 · Options 20 · RSU 20NoMeridian Compensation Partners, LLC
DoorDash, Inc.not disclosedRSU 100not disclosedSemler Brossy Consulting Group LLC
eBay, Inc.179%PSU 60 · RSU 40Yes — Relative total shareholder return (rTSR)Pay Governance
Expedia Group, Inc.not disclosedPSU 50 · RSU 50NoCompensia, Inc.
Lithia Motors, Inc.194.0%PSU 75 · RSU 25Noindependent compensation consultant
Lyft, Inc.108.5%PSU 50 · RSU 50NoPay Governance
Uber Technologies, Inc.129.03%PSU 55 · RSU 22.5 · Options 22.5Yes — Relative TSRSemler Brossy Consulting Group
Wayfair Inc.not disclosednot disclosedNoCompensia
Zillow Group, Inc.not disclosednot disclosednot disclosedEquilar

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Ernest C. Garcia, IIIDEF 14A2026-03-250001690820-26-000024Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 8,382,555. Filing ↗machine: t63 · r3 · c17 · span 494349–494358
2Section 01, Mark JenkinsDEF 14A2026-03-250001690820-26-000024Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 8,354,849. Filing ↗machine: span 504142–504151
3Section 01, Benjamin HustonDEF 14A2026-03-250001690820-26-000024Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 8,352,945. Filing ↗machine: span 513916–513925
4Section 01, Daniel GillDEF 14A2026-03-250001690820-26-000024Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 7,479,599. Filing ↗machine: span 523686–523695
5Section 01, Thomas TairaDEF 14A2026-03-250001690820-26-000024Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 5,304,556. Filing ↗machine: span 533641–533650
6Section 03, Mark Jenkins RSUDEF 14A2026-03-250001690820-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t63 · r6 · c7 · span 502459–502468
7Section 03, Benjamin Huston RSUDEF 14A2026-03-250001690820-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t63 · r9 · c7 · span 512233–512242
8Section 03, Ernest C. Garcia, III RSUDEF 14A2026-03-250001690820-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t63 · r3 · c7 · span 492433–492442
9Section 03, Daniel Gill RSUDEF 14A2026-03-250001690820-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t63 · r12 · c7 · span 522003–522012
10Section 03, Thomas Taira RSUDEF 14A2026-03-250001690820-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t63 · r15 · c7 · span 531959–531968
11Section 07, pay ratioDEF 14A2026-03-250001690820-26-000024Section “CEO Pay Ratio”. As printed: 193.9 : 1. Filing ↗machine: span 1003605–1003611
12Section 08, Michael MarooneDEF 14A2026-03-250001690820-26-000024Section “Director Compensation”. As printed: 374,087. Filing ↗machine: t31 · r5 · c6 · span 279904–279911
13Section 08, Gregory SullivanDEF 14A2026-03-250001690820-26-000024Section “Director Compensation”. As printed: 366,790. Filing ↗machine: t31 · r3 · c9 · span 276642–276649
14Section 08, Ira PlattDEF 14A2026-03-250001690820-26-000024Section “Director Compensation”. As printed: 359,940. Filing ↗machine: t31 · r2 · c6 · span 274086–274093
15Section 08, Neha ParikhDEF 14A2026-03-250001690820-26-000024Section “Director Compensation”. As printed: 345,793. Filing ↗machine: t31 · r6 · c6 · span 281803–281810
16Section 08, Dan QuayleDEF 14A2026-03-250001690820-26-000024Section “Director Compensation”. As printed: 326,775. Filing ↗machine: t31 · r4 · c6 · span 278001–278008
17Section 08, Ernest C. Garcia, IIIDEF 14A2026-03-250001690820-26-000024Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Ernest C. Garcia, III 2026-04-01Form 42026-04-030001700548-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Daniel Gill 2026-04-01Form 42026-04-030001700538-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Ryan S. Keeton 2026-04-01Form 42026-04-030001700542-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Thomas Taira 2026-04-01Form 42026-04-030001607889-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Paul W. Breaux 2026-04-01Form 42026-04-030001700545-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Stephen R. Palmer 2026-04-01Form 42026-04-030001783558-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Stephen R. Palmer 2026-04-01Form 42026-04-030001783558-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Benjamin Huston 2026-04-01Form 42026-04-030001700537-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Mark Jenkins 2026-04-01Form 42026-04-030001700540-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Thomas Taira 2026-04-08Form 42026-04-100001607889-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Dan Quayle 2026-04-14Form 42026-04-160001210412-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Neha Parikh 2026-04-14Form 42026-04-160001772671-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Ira Platt 2026-04-14Form 42026-04-160001702455-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Michael Maroone 2026-04-14Form 42026-04-160001088011-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Neha Parikh 2026-04-14Form 42026-04-160001772671-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Dan Quayle 2026-04-14Form 42026-04-160001210412-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Michael Maroone 2026-04-14Form 42026-04-160001088011-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Gregory Sullivan 2026-04-14Form 42026-04-160001027030-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Ira Platt 2026-04-14Form 42026-04-160001702455-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Daniel Gill 2026-04-29Form 42026-05-010001700538-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Ernest C. Garcia, III 2026-04-29Form 42026-05-010001700548-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Daniel Gill 2026-04-29Form 42026-05-010001700538-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Thomas Taira 2026-04-29Form 42026-05-010001607889-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Ernest C. Garcia, III 2026-04-29Form 42026-05-010001700548-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Ryan S. Keeton 2026-04-29Form 42026-05-010001700542-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Paul W. Breaux 2026-04-29Form 42026-05-010001700545-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, Thomas Taira 2026-04-29Form 42026-05-010001607889-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
133Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
134Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
135Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
136Section 02, Mark Jenkins 2026-04-29Form 42026-05-010001700540-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
137Section 02, Ryan S. Keeton 2026-04-29Form 42026-05-010001700542-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
138Section 02, Paul W. Breaux 2026-04-29Form 42026-05-010001700545-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
139Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
140Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
141Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
142Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
143Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
144Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
145Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
146Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
147Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
148Section 02, Benjamin Huston 2026-04-29Form 42026-05-010001700537-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
149Section 02, Ernest C. Garcia, III 2026-05-01Form 42026-05-010001193125-26-201847Insider equity transaction reported since the proxy statement. Filing ↗
150Section 02, Paul W. Breaux 2026-05-01Form 42026-05-050001700545-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
151Section 02, Ernest C. Garcia, III 2026-05-01Form 42026-05-010001193125-26-201847Insider equity transaction reported since the proxy statement. Filing ↗
152Section 02, Ryan S. Keeton 2026-05-01Form 42026-05-050001700542-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
153Section 02, Thomas Taira 2026-05-01Form 42026-05-050001607889-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
154Section 02, Benjamin Huston 2026-05-01Form 42026-05-050001700537-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
155Section 02, Ernest C. Garcia, III 2026-05-01Form 42026-05-010001193125-26-201847Insider equity transaction reported since the proxy statement. Filing ↗
156Section 02, Ernest C. Garcia, III 2026-05-01Form 42026-05-050001700548-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
157Section 02, Stephen R. Palmer 2026-05-01Form 42026-05-010001783558-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
158Section 02, Mark Jenkins 2026-05-01Form 42026-05-050001700540-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
159Section 02, Daniel Gill 2026-05-01Form 42026-05-050001700538-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
160Section 02, Stephen R. Palmer 2026-05-01Form 42026-05-050001783558-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
161Section 02, Thomas Taira 2026-05-08Form 42026-05-110001607889-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
162Section 02, Thomas Taira 2026-05-08Form 42026-05-110001607889-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
163Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
164Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
165Section 02, Benjamin Huston 2026-06-01Form 42026-06-030001700537-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
166Section 02, Stephen R. Palmer 2026-06-01Form 42026-06-030001783558-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
167Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
168Section 02, Thomas Taira 2026-06-01Form 42026-06-030001607889-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
169Section 02, Stephen R. Palmer 2026-06-01Form 42026-06-030001783558-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
170Section 02, Ryan S. Keeton 2026-06-01Form 42026-06-030001700542-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
171Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
172Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
173Section 02, Benjamin Huston 2026-06-01Form 42026-06-030001700537-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
174Section 02, Daniel Gill 2026-06-01Form 42026-06-030001700538-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
175Section 02, Benjamin Huston 2026-06-01Form 42026-06-030001700537-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
176Section 02, Benjamin Huston 2026-06-01Form 42026-06-030001700537-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
177Section 02, Paul W. Breaux 2026-06-01Form 42026-06-030001700545-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
178Section 02, Stephen R. Palmer 2026-06-01Form 42026-06-030001783558-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
179Section 02, Stephen R. Palmer 2026-06-01Form 42026-06-030001783558-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
180Section 02, Ernest C. Garcia, III 2026-06-01Form 42026-06-030001700548-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
181Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
182Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
183Section 02, Benjamin Huston 2026-06-01Form 42026-06-030001700537-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
184Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
185Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
186Section 02, Mark Jenkins 2026-06-01Form 42026-06-030001700540-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
187Section 02, Benjamin Huston 2026-06-01Form 42026-06-030001700537-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
188Section 02, Thomas Taira 2026-06-08Form 42026-06-090001607889-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
189Section 02, Dan Quayle 2026-06-10Form 42026-06-110001210412-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
190Section 02, Dan Quayle 2026-06-10Form 42026-06-110001210412-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
191Section 02, Dan Quayle 2026-06-10Form 42026-06-110001210412-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
192Section 02, Ira Platt 2026-06-15Form 42026-06-160001702455-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
193Section 02, Ira Platt 2026-06-15Form 42026-06-160001702455-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
194Section 02, Ira Platt 2026-06-15Form 42026-06-160001702455-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
195Section 02, Ira Platt 2026-06-15Form 42026-06-160001702455-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
196Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
197Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
198Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
199Section 02, Stephen R. Palmer 2026-07-01Form 42026-07-020001783558-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
200Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
201Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
202Section 02, Paul W. Breaux 2026-07-01Form 42026-07-020001700545-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
203Section 02, Benjamin Huston 2026-07-01Form 42026-07-020001700537-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
204Section 02, Stephen R. Palmer 2026-07-01Form 42026-07-020001783558-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
205Section 02, Stephen R. Palmer 2026-07-01Form 42026-07-020001783558-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
206Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
207Section 02, Benjamin Huston 2026-07-01Form 42026-07-020001700537-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
208Section 02, Benjamin Huston 2026-07-01Form 42026-07-020001700537-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
209Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
210Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
211Section 02, Ryan S. Keeton 2026-07-01Form 42026-07-020001700542-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
212Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
213Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
214Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
215Section 02, Ernest C. Garcia, III 2026-07-01Form 42026-07-020001700548-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
216Section 02, Benjamin Huston 2026-07-01Form 42026-07-020001700537-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
217Section 02, Mark Jenkins 2026-07-01Form 42026-07-020001700540-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
218Section 06, 2026 voteForm 8-K2026-05-060001690820-26-000039Item 5.07 · say-on-pay result. As reported: 97.92% (votes for as printed: 803,726,520.00). Filing ↗
219Section 06, 2025 voteForm 8-K2025-05-060001690820-25-000156Item 5.07 · say-on-pay result. As reported: 99.55% (votes for as printed: 830,398,627). Filing ↗machine: span 25842–28406
220Section 06, 2024 voteForm 8-K2024-05-070001690820-24-000200Item 5.07 · say-on-pay result. As reported: 99.78% (votes for as printed: 856,700,638.34). Filing ↗
221Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
222Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
223Section 09b board cost (computed)ComputedcomputedCash 130,000 + equity 1,643,385 + all other 0 = 1,773,385, summed across the director compensation table rows.machine: formula: Σ = 1,773,385
224Wayfair Inc., Section 10b CEO totalDEF 14A2026-03-310001616707-26-000074CEO total compensation as printed in Wayfair Inc.'s own proxy. As printed: 280,847,068. Filing ↗machine: t137 · r2 · c15 · span 682385–682396
225Uber Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-200001308179-26-000303CEO total compensation as printed in Uber Technologies, Inc.'s own proxy. As printed: 35,595,826. Filing ↗machine: t257 · r2 · c29 · span 883016–883026
226Autonation, Inc., Section 10b CEO totalDEF 14A2026-03-170001628280-26-018696CEO total compensation as printed in Autonation, Inc.'s own proxy. As printed: 34,391,069. Filing ↗machine: span 461406–461416
227eBay, Inc., Section 10b CEO totalDEF 14A2026-04-300001552781-26-000285CEO total compensation as printed in eBay, Inc.'s own proxy. As printed: 28,463,890. Filing ↗machine: t357 · r8 · c9 · span 939586–939596
228Chewy, Inc., Section 10b CEO totalDEF 14A2026-05-220001140361-26-022529CEO total compensation as printed in Chewy, Inc.'s own proxy. As printed: 25,721,751. Filing ↗machine: r2 · c19 · span 771274–771284
229Expedia Group, Inc., Section 10b CEO totalDEF 14A2026-04-290001324424-26-000022CEO total compensation as printed in Expedia Group, Inc.'s own proxy. As printed: 17,592,584. Filing ↗machine: t142 · r6 · c10 · span 775351–775361
230Lithia Motors, Inc., Section 10b CEO totalDEF 14A2026-03-110001023128-26-000026CEO total compensation as printed in Lithia Motors, Inc.'s own proxy. As printed: 15,895,468. Filing ↗machine: t94 · r2 · c7 · span 1572109–1572119
231Chipotle Mexican Grill, Inc., Section 10b CEO totalDEF 14A2026-04-280001140361-26-017294CEO total compensation as printed in Chipotle Mexican Grill, Inc.'s own proxy. As printed: 15,455,736. Filing ↗machine: r2 · c22 · span 1337747–1337758
232Carmax, Inc., Section 10b CEO totalDEF 14A2026-05-120001170010-26-000045CEO total compensation as printed in Carmax, Inc.'s own proxy. As printed: 14,245,563. Filing ↗machine: r13 · c45 · span 642071–642081
233Carvana (subject), Section 10b CEO totalDEF 14A2026-03-250001690820-26-000024CEO total compensation as printed in Carvana's own proxy. As printed: 8,382,555. Filing ↗machine: t63 · r3 · c17 · span 494349–494358
234Zillow Group, Inc., Section 10b CEO totalDEF 14A2026-04-150001617640-26-000031CEO total compensation as printed in Zillow Group, Inc.'s own proxy. As printed: 7,138,557. Filing ↗machine: r2 · c39 · span 618709–618718
235Lyft, Inc., Section 10b CEO totalDEF 14A2026-04-100001628280-26-024680CEO total compensation as printed in Lyft, Inc.'s own proxy. As printed: 2,824,088. Filing ↗machine: t25 · r2 · c12 · span 578611–578620
236DoorDash, Inc., Section 10b CEO totalDEF 14A2026-04-200001792789-26-000018CEO total compensation as printed in DoorDash, Inc.'s own proxy. As printed: 431,864. Filing ↗machine: r3 · c21 · span 677820–677827
237Airbnb, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-175062CEO total compensation as printed in Airbnb, Inc.'s own proxy. As printed: 242,122. Filing ↗machine: r2 · c31 · span 402084–402091
238Block, Inc., Section 10b CEO totalDEF 14A2026-04-240001628280-26-027203CEO total compensation as printed in Block, Inc.'s own proxy. As printed: 3. Filing ↗
239Section 10a, Chewy, Inc. reciprocityDEF 14A0001140361-26-022529Chewy, Inc. names Carvana in its own disclosed peer group (read from its most recent proxy). Filing ↗
240Section 10a, Autonation, Inc. reciprocityDEF 14A0001628280-26-018696Autonation, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗
241Section 10a, Chipotle Mexican Grill, Inc. reciprocityDEF 14A0001140361-26-017294Chipotle Mexican Grill, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗
242Section 10a, Lithia Motors, Inc. reciprocityDEF 14A0001140361-24-012693Lithia Motors, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗
243Section 10a, Uber Technologies, Inc. reciprocityDEF 14A0001308179-26-000303Uber Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗
244Section 10a, Lyft, Inc. reciprocityDEF 14A0001628280-26-024680Lyft, Inc. names Carvana in its own disclosed peer group (read from its most recent proxy). Filing ↗
245Section 10a, Expedia Group, Inc. reciprocityDEF 14A0001324424-26-000022Expedia Group, Inc. names Carvana in its own disclosed peer group (read from its most recent proxy). Filing ↗
246Section 10a, Block, Inc. reciprocityDEF 14A0001628280-26-027203Block, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗
247Section 10a, DoorDash, Inc. reciprocityDEF 14A0001792789-26-000018DoorDash, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗
248Section 10a, Airbnb, Inc. reciprocityDEF 14A0001193125-26-175062Airbnb, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗
249Section 10a, Carmax, Inc. reciprocityDEF 14A0001170010-26-000045Carmax, Inc.'s most recent proxy was read; its disclosed peer group does not include Carvana. Filing ↗