Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * GARCIA ERNEST C. III 2. Issuer Name and Ticker or Trading Symbol CARVANA CO. [CVNA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O CARVANA CO., 300 E. RIO SALADO PARKWAY 3. Date of Earliest Transaction (Month/Day/Year) 06/13/2025 (Street) TEMPE, AZ 85281 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 06/13/2025 S 960(1) D $306.29(2) 749,040 I Ernest Irrevocable 2004 Trust III(3) Class A Common Stock 06/13/2025 S 960(1) D $306.29(2) 849,040 I Ernest C. Garcia III Multi-Generational Trust III(4) Class A Common Stock 06/13/2025 S 4,040(1) D $307.69(5) 745,000 I Ernest Irrevocable 2004 Trust III(3) Class A Common Stock 06/13/2025 S 4,040(1) D $307.69(5) 845,000 I Ernest C. Garcia III Multi-Generational Trust III(4) Class A Common Stock 06/16/2025 S 560(1) D $300.21(6) 744,440 I Ernest Irrevocable 2004 Trust III(3) Class A Common Stock 06/16/2025 S 559(1) D $300.55(7) 844,441 I Ernest C. Garcia III Multi-Generational Trust III(4) Class A Common Stock 06/16/2025 S 900(1) D $301.71(8) 743,540 I Ernest Irrevocable 2004 Trust III(3) Class A Common Stock 06/16/2025 S 901(1) D $301.78(9) 843,540 I Ernest C. Garcia III Multi-Generational Trust III(4) Class A Common Stock 06/16/2025 S 2,100(1) D $303.5(10) 741,440 I Ernest Irrevocable 2004 Trust III(3) Class A Common Stock 06/16/2025 S 2,100(1) D $303.5(10) 841,440 I Ernest C. Garcia III Multi-Generational Trust III(4) Class A Common Stock 925,613 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
GARCIA ERNEST C. III C/O CARVANA CO. 300 E. RIO SALADO PARKWAY TEMPE, AZ 85281	X	X	Chief Executive Officer

Signatures

/s/ Paul Breaux, by Power of Attorney for Ernest C. Garcia, III		06/17/2025
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.
(2)	This transaction was executed in multiple trades at prices ranging from $306.00 to $306.90, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
(3)	These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Irrevocable Trust.
(4)	These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Investment Trustee and Co-Administrative Trustee of the Multi-Generational Trust.
(5)	This transaction was executed in multiple trades at prices ranging from $307.21 to $308.15 inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
(6)	This transaction was executed in multiple trades at prices ranging from $300.02 to $300.21, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
(7)	This transaction was executed in multiple trades at prices ranging from $300.21 to $300.91, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
(8)	This transaction was executed in multiple trades at prices ranging from $301.71to $301.74 inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
(9)	This transaction was executed in multiple trades at prices ranging from $301.74 to $301.87, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
(10)	This transaction was executed in multiple trades at prices ranging from $303.26 to $303.94, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

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