secwatch.observer — SEC 8-K summary
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Issuer:     CARVANA CO. (CVNA)
CIK:        0001690820
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001690820-26-000039
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carvana stockholders approve 5-for-1 stock split, adopt new 2026 incentive plan
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- Stockholders approved five-for-one forward stock split effective May 7, 2026 at 9:30 a.m. ET; split-adjusted trading begins May 8.
- Amendment increases authorized shares of Class A and Class B common stock proportionately.
- Stockholders also approved the Carvana Co. 2026 Omnibus Incentive Plan, replacing the 2017 plan.
- Michael Maroone and Neha Parikh elected as Class III directors for terms expiring at 2029 annual meeting.
- Say-on-pay proposal and ratification of Grant Thornton as auditor for 2026 passed; stockholder proposal defeated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690820/000169082026000039/0001690820-26-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690820/000169082026000039/cvna-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001690820-26-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer