Monitor for follow-up transactions — a single director sale of less than $1M is routine at a $69.5B-cap company and not an immediate red flag. Watch for additional selling or commentary around earnings or capital allocation.
Price Chart
Executive Summary
Director Quayle J Danforth exercised stock options and sold 2,900 shares in open-market transactions for approximately $899K, while another director, Ira J. Platt, gifted 7,827 shares. The cluster is dominated by a single open-market sale, with the rest being non-cash transactions.
Key Financial Metrics
Key Facts
- Quayle J Danforth (Director) exercised 5,800 derivative shares (2x lots of 2,900), one at $0 and one at $15 strike price.
- Quayle J Danforth sold 2,900 shares in the open market at $309.97, generating $898,913 in proceeds.
- Ira J. Platt (Director) gifted 7,827 shares, a non-cash transaction with no direct economic impact.
- Total open-market sale value: $898,913 (~0.0013% of $69.5B market cap).
- All other transactions (exercise, gift) are non-cash and routine.
Financial Impact
$898,913 in open-market selling by one director; no net cash inflow from exercises due to offsetting cost basis.
Risk Factors
- Perception of insider selling could weigh on sentiment if misinterpreted.
- Potential for follow-on selling if other insiders act similarly.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (4 trades, 7d window) | cluster-CVNA-1773090755055 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 28d ago | Insider Cluster | $74.59 $70.87 | ▼ −4.99% | ▼ −3.78% | $63.77 (−14.51%) |
Aug 17, 2026 6w ago | Insider Cluster | $65.00 $75.77 | ▲ +16.57% | ▲ +16.77% | $63.77 (−1.89%) |
Aug 4, 2026 8w ago | Insider Buy | $69.48 $72.48 | ▲ +4.32% | ▲ +3.97% | $63.77 (−8.22%) |
Aug 4, 2026 8w ago | Insider Cluster | $69.48 $72.48 | ▲ +4.32% | ▲ +3.97% | $63.77 (−8.22%) |
Jul 2, 2026 13w ago | Insider Cluster | $68.60 $67.12 | ▼ −2.16% | ▼ −3.09% | $63.77 (−7.04%) |
Jun 16, 2026 15w ago | Insider Cluster | $62.86 $67.91 | ▲ +8.03% | ▲ +9.08% | $63.77 (+1.45%) |
Jun 12, 2026 16w ago | Institutional Cluster | $64.10 $66.56 | ▲ +3.84% | ▲ +3.17% | $63.77 (−0.51%) |
Jun 11, 2026 16w ago | Insider Cluster | $64.10 $66.56 | ▲ +3.84% | ▲ +3.17% | $63.77 (−0.51%) |
Jun 9, 2026 16w ago | Insider Cluster | $67.25 $70.04 | ▲ +4.15% | ▲ +0.72% | $63.77 (−5.17%) |
Jun 8, 2026 16w ago | 144 | $69.61 $68.90 | ▼ −1.02% | ▼ −3.43% | $63.77 (−8.39%) |
US Market Status
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