Form 4: CarGurus Chief Product Officer Disposes of Shares for Tax Obligations
Insider Transaction Report
Ismail Elshareef, Chief Product Officer of CarGurus, Inc., disposed of 1,360 shares of Class A Common Stock at $33.74 per share to satisfy tax liabilities upon the vesting of restricted stock units.
Summary
- Ismail Elshareef, the Chief Product Officer of CarGurus, Inc. (CARG), reported a transaction involving the company's Class A Common Stock.
- On July 1, 2025, 1,360 shares of Class A Common Stock were disposed of at a price of $33.74 per share.
- This disposition was identified with transaction code 'F', indicating shares were withheld for the payment of tax liability upon the vesting of restricted stock units.
- Following this transaction, Ismail Elshareef beneficially owns 105,647 shares of CarGurus, Inc. Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding upon RSU vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of transaction for the disposition of shares. |
| 07/03/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
CarGurus, CARG, Form 4, Insider Transaction, Ismail Elshareef, Chief Product Officer, Stock Disposition, Tax Withholding, Restricted Stock Units
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