Carvana Co. Files 8-K on Security Holder Votes & Financials
Ticker: CVNA · Form: 8-K · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: corporate-governance, financial-reporting, sec-filing
Related Tickers: CVNA
TL;DR
CVNA filed an 8-K covering shareholder votes and financials. Keep an eye on governance updates.
AI Summary
On May 6, 2024, Carvana Co. filed an 8-K report detailing the submission of matters to a vote of security holders and financial statements. The filing includes information about the company's common stock and preferred stock purchase rights, with its principal executive offices located at 300 E. Rio Salado Parkway, Tempe, Arizona.
Why It Matters
This filing provides updates on Carvana's corporate governance and financial reporting, which are crucial for investors to assess the company's operational status and strategic direction.
Risk Assessment
Risk Level: medium — The filing concerns corporate governance and financial reporting, which can impact investor confidence and stock valuation.
Key Players & Entities
- CARVANA CO. (company) — Registrant
- 300 E. Rio Salado Parkway, Tempe, Arizona 85281 (location) — Principal executive offices
- May 6, 2024 (date) — Date of earliest event reported
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text.
What is the significance of the 'PreferredStockPurchaseRightsMember' mentioned?
The 'PreferredStockPurchaseRightsMember' likely refers to a shareholder rights plan, often called a 'poison pill,' designed to protect a company from hostile takeovers.
When was Carvana Co. incorporated and in which state?
Carvana Co. was incorporated in Delaware.
What is Carvana's IRS Employer Identification Number?
Carvana's IRS Employer Identification Number is 81-4549921.
What is the filing date of this 8-K report?
The 8-K report was filed as of May 7, 2024, with the earliest event reported on May 6, 2024.
Filing Stats: 593 words · 2 min read · ~2 pages · Grade level 9.3 · Accepted 2024-05-07 16:49:33
Key Financial Figures
- $0.001 — stered Class A Common Stock, Par Value $0.001 Per Share CVNA New York Stock Exchange
Filing Documents
- cvna-20240506.htm (8-K) — 38KB
- 0001690820-24-000200.txt ( ) — 198KB
- cvna-20240506.xsd (EX-101.SCH) — 3KB
- cvna-20240506_def.xml (EX-101.DEF) — 15KB
- cvna-20240506_lab.xml (EX-101.LAB) — 27KB
- cvna-20240506_pre.xml (EX-101.PRE) — 16KB
- cvna-20240506_htm.xml (XML) — 4KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders On May 6, 2024, Carvana Co. (the "Company") held its 2024 annual meeting of stockholders (the "Annual Meeting"). Holders representing 875,278,998.94 votes of a total 896,136,773.40 votes were present at the meeting or by proxy, and therefore a quorum was present. Votes were cast as follows:
: Election of directors
Item 1: Election of directors Each of the following directors received the following votes cast at the Annual Meeting, and were elected for a three-year term expiring at the Company's 2027 annual meeting and until their respective successors are duly elected and qualified. Nominee For Withheld Broker Non-Votes Ernest Garcia III 841,315,880.22 17,237,069.72 16,726,049.00 Ira Platt 834,843,939.22 23,090,534.72 17,344,525.00 Item 2: Approval, by an advisory vote, of the compensation of the Company's named executive officers (i.e., "say-on-pay") The Company's stockholders approved, by an advisory vote, the compensation of the Company's named executive officers. For Against Abstain Broker Non-Votes 856,700,638.34 1,769,774.59 110,418.00 16,698,168.00 Item 3: Ratification of appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 The Company's stockholders ratified the appointment of Grant Thornton LLP as the Company's independent auditor for the year ending December 31, 2024. For Against Abstain 874,864,242.94 325,024.00 89,732.00
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 7, 2024 CARVANA CO. By: /s/ Mark Jenkins Name: Mark Jenkins Title: Chief Financial Officer