Form 4: CarGurus CFO Elisa Palazzo Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Elisa Palazzo, CFO and Treasurer of CarGurus, Inc., disposed of 1,680 shares of Class A Common Stock on March 4, 2025, to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 4, 2025, Elisa Palazzo, the CFO and Treasurer of CarGurus, Inc., reported a transaction involving the disposal of 1,680 shares of Class A Common Stock.
- The shares were disposed of to cover tax liabilities associated with the vesting of restricted stock units.
- The price per share for the transaction was $31.87.
- Following the transaction, Palazzo directly owns 82,824 shares of CarGurus Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction: Disposal of shares for tax liability. |
| 03/06/2025 | Date of signature for the Form 4 filing. |
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