Form 4 Filing for Ernest C. Garcia II and ECG II SPE, LLC

This filing reports on the expiration and sale of covered call options related to Carvana Co. (CVNA) Class A common stock. On April 17, 2026, 4,000,000 covered call options expired worthless, having been sold earlier with an exercise price of $400.00. Subsequently, on May 1, 2026, ECG II SPE, LLC, an entity wholly owned by Ernest C. Garcia II, sold 4,000,000 additional covered call options. These options consist of 2,000,000 with an exercise price of $450.00 and 2,000,000 with an exercise price of $500.00. The sale of these options, which expire on May 21, 2027, generated a premium of $68.0575 per option. To secure these obligations, 4,000,000 shares of Class B common stock and 5,000,000 units of Class A units were pledged. This filing is made voluntarily to report these transactions in advance.