Form 4: CarGurus CTO Gifts Shares to Charity via 10b5-1 Plan

CarGurus Chief Technology Officer Matthew Todd Quinn gifted 732 shares of Class A common stock to a charitable donor-advised fund under a Rule 10b5-1 plan.

Summary

• Matthew Todd Quinn, Chief Technology Officer of CarGurus, Inc., reported a change in beneficial ownership.
• On January 20, 2026, Quinn gifted 732 shares of CarGurus Class A Common Stock.
• The shares were gifted to a charitable donor-advised fund.
• This transaction was executed pursuant to a Rule 10b5-1 trading plan.
• Following the gift, Quinn beneficially owns 193,451 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (a gift) and does not inherently indicate positive or negative sentiment about the company's performance or future, beyond the executive's personal financial planning and philanthropy.

Positives

• The transaction represents a charitable gift by a key executive, indicating philanthropic activity.
• The gift was made under a Rule 10b5-1 plan, demonstrating pre-planned and compliant stock disposition.

Negatives

• A minor reduction in direct beneficial ownership by a key executive, although for a charitable purpose.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it primarily reports an insider transaction.

Industry Context

This filing reports a routine insider transaction by an executive and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but for a charitable purpose, which is generally viewed neutrally or slightly positively.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Keywords

CarGurus, CARG, Form 4, SEC Filing, Insider Transaction, Stock Gift, Charitable Donation, Rule 10b5-1, Chief Technology Officer, Matthew Todd Quinn