Form 4: CarGurus Executive Sells Shares
Insider Transaction (Form 4)
Ismail Elshareef, Chief Product Officer of CarGurus, Inc., sold 2,673 shares of common stock on October 1, 2026 for $29.62 per share.
Summary
- Tax/exercise-price withholding: disposed of 3,131 Class A Common Stock at $29.73 ($93,085) on October 1, 2026; holds 130,606 after (Direct).
- Open-market sale: disposed of 2,673 Class A Common Stock at $29.62 ($79,174) on October 2, 2026; holds 127,933 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $79,174 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Ismail Elshareef — Officer (Chief Product 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 | 3,131 | $30 | $93.1K | 130,606 |
| 2026-10-02 | Open-market sale | Class A Common Stock | 2,673 | $30 | $79.2K | 127,933 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Tax/exercise-price withholding (3,131 shares) |
| 2026-10-02 | Open-market sale (2,673 shares) |
Keywords
insider transaction, Form 4, CARG, CarGurus, Inc., bearish, Ismail Elshareef
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