A Dark Vector Cognition product

Item 5. OTHER INFORMATION

1K characters. Original on sec.gov ·

Item 5. OTHER INFORMATION

Rule 10b5-1 Trading Plan Elections

On September 10, 2024, after completion of all sales under his previous trading plan and its resulting expiration, Ira Platt, a member of the Company's board of directors, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a "10b5-1 Plan"). Mr. Platt's 10b5-1 Plan provides for the potential sale of up to 25,000 shares of Class A common stock, including shares obtained from the conversion of Carvana Group, LLC Class B common units, between the first potential sale date on December 10, 2024 and the expiration of the 10b5-1 Plan on September 1, 2026.

On August 5, 2024, Mark Jenkins, the Company's Chief Financial Officer, terminated his previously disclosed 10b5-1 Plan, entered into on December 15, 2023. On the same date Mr. Jenkins entered into a new 10b5-1 Plan, providing for the potential sale of up to 824,417 shares of Class A common stock, including shares obtained from the exercise of vested stock options covered by the 10b5-1 Plan and obtained from the conversion of Carvana Group, LLC Class B common units into shares of Class A common stock, between the first potential sale date on November 4, 2024 and the expiration of the 10b5-1 Plan on December 31, 2026.

Previous: Item 1A. RISK FACTORS · Next: Item 6. EXHIBITS