Form 4: CarGurus General Counsel Sells Shares for Tax

CarGurus General Counsel Javier Zamora disposed of 2,263 Class A Common Stock shares to cover tax liabilities related to restricted stock unit vesting.

Summary

• Javier Zamora, General Counsel and Secretary of CarGurus, Inc. (CARG), reported a transaction involving Class A Common Stock.
• On January 2, 2026, Zamora disposed of 2,263 shares of Class A Common Stock.
• The shares were disposed of at a price of $37.65 per share.
• This transaction was coded as 'F', indicating shares were withheld for payment of tax liability upon the vesting of restricted stock units.
• Following this transaction, Zamora beneficially owns 83,480 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine tax-related disposition of shares by an insider, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This is a routine insider transaction related to compensation and tax obligations, which is common across all industries for executives receiving equity-based compensation.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine tax-related transaction and not a discretionary sale indicating a change in confidence.

Key Dates

Keywords

CarGurus, CARG, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, RSU