Ira J. Platt

Director Ira J. Platt sold 15,000 CVNA shares in 2 transactions for $1,017,375.00; 5 of 5 prior CVNA sales showed negative 90-day returns.

Ira J. Platt executed 2 separate sales on 2026-06-15, totaling 15,000 shares for $1,017,375.00 at a blended average price of $67.82, reducing his non-derivative holdings from 201,470 to 186,470 shares. His 5 prior sales at CVNA all demonstrated negative 90-day returns ranging from -75.9% to -85.9%, establishing a consistent pattern of well-timed exits before subsequent declines. This transaction occurs with CVNA stock near its 52-week range floor, down 28.1% from highs, and within a strong near-term recovery window (90-day +20.3%, 30-day +4.3%), providing context for the timing of this partial reduction. The insider maintains 89,640 shares in stock options, preserving upside exposure through derivative holdings.

Director Platt sells 14,000 CVNA shares for $5.3M; maintains 7,231 shares post-trade

Platt, a CVNA director, executed a substantial sale of 14,000 shares at $379.14 per share for $5,307,960.00, reducing his holding from 21,231 to 7,231 shares—a -65.9% reduction in position size. His prior transaction history at CVNA shows a 100% well-timed sell rate (5 of 5 prior sells), with 90-day returns ranging from -78.9% to -86.0%, indicating he has consistently sold before stock declines. His cross-ticker track record similarly demonstrates strong timing acumen with an average 90-day return of -76.6% across 12 prior sells and a 100.00% well-timed rate. Against the current price of $70.85, the transaction price of $379.14 reflects a sale near the high end of the 52-week range ($26.14–$78.03), positioning this sale within the historical context of his precision-timed exit points.

CVNA director Platt sold 5,674 shares at $344.00 on 2025-06-05; -17.9% of holdings. Prior 5 CVNA sells 100% well-timed (90d declines: -84% to -86%).

Director Platt sold 5,674 shares at $344.00, reducing his holdings by 17.9% from 31,779 to 26,105 shares. This transaction is notable because his prior five trades at CVNA—all executed on 2024-12-10—demonstrated perfect timing: each sale was followed by 90-day declines ranging from -84.0% to -86.1%, and his cross-ticker track record shows a 90d well-timed rate of 100.00% across 11 open-market sales. The current stock price of $67.98 is now -1.7% from the 52-week high and has experienced significant recent momentum (+26.8% in 30 days, +97.4% in 90 days), suggesting a potential inflection point relative to the transaction date context. The substantial sale magnitude and demonstrated pattern of prescient exits warrant attention to whether this sale reflects insider assessment of valuation or market conditions.

Director Platt sells 25.0K CVNA shares for $6.1M ($244.30 avg) on 2024-12-10; retains 30.2K post-transaction.

Director Ira J. Platt executed 6 separate sales totaling 25,000 shares for $6,107,460.70 on 2024-12-10, reducing his holdings by 45.3% to 30,227 shares. Notably, Platt's prior transaction history at Carvana is striking: his 5 preceding sales at this ticker were uniformly well-timed, with 90-day returns of -81.1%, -79.9%, -80.6%, -80.2%, and -63.3%—a 100% hit rate in capturing declines before they occurred. The current stock price of $49.55 is already 5.0% below its 52-week high of $52.16, and the company reported annual revenue decline of -20.8%, net income of $85.0M, and a P/E of 12.03. The filing flag indicates derivative-conversion activity in Table II (not yet populated), so the 30.2K post-transaction holdings may not capture the insider's full economic exposure.

Carvana director Platt sells 8,002 shares across 3 trades (Aug 13-15) at $142.32 avg, reducing stake 20.9%.

Director Ira J. Platt executed 3 separate sales totaling 8,002 shares for $1,138,830.00 between 2024-08-13 and 2024-08-15, at prices ranging from $140.00 to $150.00 and a blended average price of $142.32. This reduced his holdings from 38,229 shares to 30,227 shares, representing a -20.9% reduction of his pre-transaction position. The company's fundamentals show revenue of $3,410,000,000.00 with net income of $18,000,000.00 and annual revenue growth of -20.8%, while the stock currently trades at $30.31 with a 90-day gain of +29.0%. His prior sales at this ticker (2024-08-08 and 2024-08-09) lack measurable outcomes, and his cross-ticker track record shows 2 prior sells with no prior well-timed sales indicated. The timing and concentration of these sales merit observation given the company's revenue decline trajectory and the director's substantial position reduction.

CVNA Director Platt sells 17.2K shares (31.0% of holdings) for $2.3M at $130.33–$135.00; stock now $26.70.

J. Platt, a director at Carvana, executed 2 separate sales totaling 17,178 shares for $2,262,158.74 at a blended average price of $131.69 on August 8–9, 2024. The sale reduced his holdings by 31.0%, from 55,407 to 38,229 shares. The transaction prices ($130.33–$135.00) were materially higher than the current market price of $26.70, representing a dramatic gap of over $100 per share. This substantial gap—combined with the director's liquidation of nearly a third of his position—occurred against a backdrop of weakening fundamentals: Carvana reported -20.8% annual revenue growth and a thin net margin, though the stock has recovered 10.4% over the past 90 days from depressed levels. The data reflects a significant disposition of shares at substantially higher valuations than presently available.