Form 4: CarGurus CEO Jason Trevisan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jason Trevisan, CEO of CarGurus, reports the withholding of shares for tax liability and holdings through a family trust.
Summary
- On October 1, 2024, CarGurus CEO Jason Trevisan reported changes in his beneficial ownership of the company's stock.
- 26,269 Class A Common Stock shares were withheld for payment of tax liability upon the vesting of restricted stock units at a price of $29.65.
- Following the transaction, Trevisan directly owns 789,606 shares of Class A Common Stock.
- Trevisan also indirectly owns 80,000 shares through the Jason Trevisan 2019 Family Trust, dated July 23, 2019, where he serves as trustee and is a beneficiary along with his immediate family.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| July 23, 2019 | Date of the Jason Trevisan 2019 Family Trust |
| October 01, 2024 | Date of the reported transaction |
| October 03, 2024 | Date of signature for the Form 4 filing |
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