Insider Trading News

Carvana Co. insider Ira J. Platt sells $2.25M in CVNA shares

By Insider Stock Trader Newsroom1 min readInsider Stock Trader
Carvana Co. insider Ira J. Platt sells $2.25M in CVNA sharesCarvana Co. insider Ira J. Platt sells $2.25M in CVNA shares

29,640 shares sold on the open market on Nov 4, at about $75.75 each. Information only, not investment advice.

Insider selling at Carvana Co.: Ira J. Platt, a director, sold 29,640 shares on Nov 4 for $2.25 million, at an average of $75.75 a share, a Form 4 filed on Nov 5 shows.

The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. The trade was reported within two business days, as Section 16 requires.

After the trade, the filing lists 186,470 shares held. Three Carvana Co. insiders sold on the open market within 14 days, a pattern known as a cluster sell.

Details from the SEC filing:

The sale
CompanyCarvana Co. (CVNA)
InsiderIra J. Platt
RoleDirector
TransactionOpen-market sale (code S)
Shares29,640
Average price$75.75
Value$2,245,154
Trade dateNov 4, 2026
Filed with the SECNov 5, 2026, 6:24 PM ET
Shares held after186,470
OwnershipDirect
Rule 10b5-1 planNot marked in the filing

See this filing row by row in Insider Stock Trader

View the Form 4 on SEC.gov

Browse the latest insider selling · See all the latest insider trades

Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.