Form 4: CarGurus Executive Dafna Sarnoff Reports Stock Transaction
SEC Form 4 Filing
Dafna Sarnoff, Chief Marketing Officer of CarGurus, Inc., reports the withholding of shares for tax liability upon vesting of restricted stock units.
Summary
- On March 1, 2024, Dafna Sarnoff, Chief Marketing Officer of CarGurus, Inc., had 993 shares of Class A Common Stock withheld to cover tax obligations.
- The price per share was $22.68.
- Following the transaction, Sarnoff directly owns 178,672 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a standard stock transaction for tax purposes, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (shares withheld for tax liability). |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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