Form 4: CarGurus CPO Sells Shares Under 10b5-1 Plan

CarGurus Chief People Officer Jennifer Ladd Hanson sold 567 shares of Class A Common Stock for $37.7 per share, executed under a Rule 10b5-1 trading plan.

Summary

• Jennifer Ladd Hanson, Chief People Officer of CarGurus, Inc. (CARG), disposed of 567 shares of Class A Common Stock.
• The transaction took place on October 2, 2025, at a price of $37.7 per share.
• The total value of the shares sold amounted to $21,387.90.
• This sale was conducted in accordance with a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.
• Following this transaction, Jennifer Ladd Hanson directly holds 54,004 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-scheduled insider stock sale under a 10b5-1 plan, which is generally considered neutral in terms of company sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction report and does not provide information directly related to broader industry trends or competitor activities.

Stakeholder Impact

• Shareholders: A routine, pre-planned insider sale of a small number of shares is unlikely to have a significant impact on shareholder sentiment or the company's stock price.

Key Dates

Keywords

CarGurus, CARG, Insider Transaction, Form 4, Stock Sale, 10b5-1 Plan, Jennifer Ladd Hanson, Chief People Officer