Form 4: CarGurus CTO Sells Shares
Insider Transaction (Form 4)
Matthew Todd Quinn, Chief Technology Officer of CarGurus, Inc., sold 3,824 shares of common stock on October 1, 2026 for $29.62 per share.
Summary
- Tax/exercise-price withholding: disposed of 9,129 Class A Common Stock at $29.73 ($271,405) on October 1, 2026; holds 224,017 after (Direct).
- Open-market sale: disposed of 3,824 Class A Common Stock at $29.62 ($113,267) on October 2, 2026; holds 220,193 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $113,267 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Matthew Todd Quinn — Officer (Chief Technology Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-01 | Tax/exercise-price withholding | Class A Common Stock | 9,129 | $30 | $271.4K | 224,017 |
| 2026-10-02 | Open-market sale | Class A Common Stock | 3,824 | $30 | $113.3K | 220,193 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Tax/exercise-price withholding (9,129 shares) |
| 2026-10-02 | Open-market sale (3,824 shares) |
Keywords
insider transaction, Form 4, CARG, CarGurus, Inc., bearish, Matthew Todd Quinn
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