<SEC-DOCUMENT>0001968582-25-000497.txt : 20250612
<SEC-HEADER>0001968582-25-000497.hdr.sgml : 20250612
<ACCEPTANCE-DATETIME>20250612164648
ACCESSION NUMBER:		0001968582-25-000497
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250612
DATE AS OF CHANGE:		20250612

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CARVANA CO.
		CENTRAL INDEX KEY:			0001690820
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				814549921
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-38073
		FILM NUMBER:		251043518

	BUSINESS ADDRESS:	
		STREET 1:		300 E. RIO SALADO PARKWAY
		CITY:			TEMPE
		STATE:			AZ
		ZIP:			85281
		BUSINESS PHONE:		(480) 719-8809

	MAIL ADDRESS:	
		STREET 1:		300 E. RIO SALADO PARKWAY
		CITY:			TEMPE
		STATE:			AZ
		ZIP:			85281

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GARCIA ERNEST C. II
		CENTRAL INDEX KEY:			0001017608
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		1720 W. RIO SALADO PARKWAY
		STREET 2:		SUITE A
		CITY:			TEMPE
		STATE:			AZ
		ZIP:			85281

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GARCIA ERNEST C II
		DATE OF NAME CHANGE:	19960626
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
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  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001017608</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001690820</issuerCik>
      <issuerName>Carvana Co.</issuerName>
      <secFileNumber>001-38073</secFileNumber>
      <issuerAddress>
        <com:street1>300 E. Rio Salado Parkway</com:street1>
        <com:city>Tempe</com:city>
        <com:stateOrCountry>AZ</com:stateOrCountry>
        <com:zipCode>85281</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>602-922-9866</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Ernest C. Garcia II</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>10% Shareholder</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>J.P. Morgan Securities LLC</name>
        <address>
          <com:street1>390 Madison Avenue, 6th Floor</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10017</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>500000</noOfUnitsSold>
      <aggregateMarketValue>170160000</aggregateMarketValue>
      <noOfUnitsOutstanding>135023435</noOfUnitsOutstanding>
      <approxSaleDate>06/12/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <acquiredDate>04/27/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Conversion - Exchange of Units</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>See Nature of Acquisition</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>500000</amountOfSecuritiesAcquired>
      <paymentDate>04/27/2017</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>05/30/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>16257769</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/02/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>16296860</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/03/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>16752253</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/04/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>16979024</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/05/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>17235104</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/06/2025</saleDate>
      <amountOfSecuritiesSold>100000</amountOfSecuritiesSold>
      <grossProceeds>34699327</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/09/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>16513450</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/10/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>16823301</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Ernest C. Garcia II &amp; Elizabeth Joanne Garcia, husband and wife acting jointly</name>
        <address>
          <com:street1>C/o Carvana Co.</com:street1>
          <com:street2>300 E. Rio Salado Parkway</com:street2>
          <com:city>Tempe</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85281</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
      <saleDate>06/11/2025</saleDate>
      <amountOfSecuritiesSold>50000</amountOfSecuritiesSold>
      <grossProceeds>16872928</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>The shares covered by this filing will be sold by Ernest C. Garcia II and Elizabeth Joanne Garcia, husband and wife, acting jointly within three months from the date of this filing. The shares to be sold are  Class A Units in Carvana Group, LLC that will be converted into Class A Common Stock of the issuer pursuant to the Exchange Agreement dated April 27, 2017, by and among the issuer, Carvana Group, LLC, the reporting owner, and other parties thereto.</remarks>
    <noticeSignature>
      <noticeDate>06/12/2025</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>12/13/2024</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for Ernest C. Garcia II</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
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</DOCUMENT>
</SEC-DOCUMENT>
