ProxyMiner / Company

CARVANA CO.CVNA

Latest proxy: 2026 · view on SEC ↗ · CIK 0001690820

CEO total pay

$8,382,555

Ernest C. Garcia, III · 2025

Say on pay

Not disclosed

Use Ask for the underlying narrative

CEO pay ratio

Not in CD&A

Item 402(u) section may live outside the CD&A

Compensation committee

CD&A

Compensation and Nominating Committee

Per the latest proxy

Filings indexed: 2 · 2026 · 2025

Executive pay

What did they pay them?

From the Summary Compensation Table. Pay mix and YoY are computed from these rows.

ExecutiveRoleTotalYoYPay mixSalaryStockCash incentiveOther
Ernest C. Garcia, III2025 compensation
Chief Executive Officer
$8,382,555↓ 21%
89% at-risk
$961,674$7,419,121—$1,760
Mark Jenkins2025 compensation
Chief Financial Officer
$8,354,849↓ 21%
88% at-risk
$954,435$7,378,767—$21,647
Benjamin Huston2025 compensation
Chief Operating Officer
$8,352,945↓ 21%
88% at-risk
$954,435$7,378,767—$19,743
Daniel Gill2025 compensation
Chief Product Officer
$7,479,599↓ 21%
88% at-risk
$825,000$6,602,762—$51,837
Thomas Taira2025 compensation
President, Special Projects
$5,304,556
84% at-risk
$838,184$4,458,662—$7,710

Pay mix: base cash incentive equity other

CD&A excerpt

Compensation discussion & analysis

Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.

This Compensation Discussion and Analysis (“CD&A”) describes our executive compensation objectives and design, our compensation-setting process, our executive compensation program components, and the decisions made in 2025 with respect to our CEO, chief financial officer (our "CFO"), and our three other most highly compensated executive officers for the year ended December 31, 2025, who have been designated as our “named executive officers” under Item 402 of Regulation S-K (each, an “NEO” and collectively, the “NEOs”): Named Executive OfficerPositionErnest C. Garcia, IIIPresident, Chief Executive Officer, and ChairmanMark JenkinsChief Financial OfficerBenjamin HustonChief Operating OfficerDaniel GillChief Product OfficerThomas TairaPresident, Special Projects This CD&A may contain statements regarding future individual and Company performance targets and goals. These targets and goals should not be understood to be statements of management’s expectations or estimates of results or other guidance. We specifically caution investors not to apply these statements to other contexts. COMPANY PERFORMANCE HIGHLIGHTS 2025 marked a milestone year for Carvana, achieving significant milestones…

Read the full CD&A on SEC.gov ↗

Peer comparison

Who they benchmark against

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Governance

Policy guardrails

  • hedging

    prohibited

    “Restrictions on trading in Carvana Class A common stock to reduce insider trading compliance risk, as well as prohibitions on pledging and hedging Carvana capital stock.”

  • pledging

    prohibited

    “Restrictions on trading in Carvana Class A common stock to reduce insider trading compliance risk, as well as prohibitions on pledging and hedging Carvana capital stock.”

  • clawback

    present

    “Clawback Policy, effective as of July 25, 2023”

  • change in control

    In the event of a Change in Control of Carvana Co

    “In the event of a Change in Control of Carvana Co”

  • compensation consultant

    independent

    “independent compensation consultant”

  • compensation committee

    Compensation and Nominating Committee

    “For 2025, the Compensation and Nominating Committee granted to each NEO a time-based RSU award”

Performance markers

Metric facts

  • revenue

    $20.3 billion

    “expectations or estimates of results or other guidance. We specifically caution investors not to apply these statements to other contexts. COMPANY PERFORMANCE HIGHLIGHTS 2025 marked a milestone year for Carvana, achievin…”

  • performance equity mix

    33.3%

    “2024 Performance-Based RSU Grants”

  • time equity mix

    88.3%

    “An average of approximately 88.3% of our NEOs' target approved compensation is at risk and tied to stock price performance through grants of time-based RSUs.”

Ask

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