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CarGurus (NASDAQ: CARG) officer plans $365K stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CarGurus, Inc. (CARG) has an officer, Samuel Zales, filing a Rule 144 notice covering a proposed sale of up to 10,000 Class A shares of CarGurus common stock. The shares, valued at approximately $365,000, are to be sold through Fidelity Brokerage Services LLC on NASDAQ and arise from restricted stock vesting dated January 2, 2026, with the planned sale by August 28, 2026.

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Shares to be sold 10,000 Class A shares Maximum number of CarGurus, Inc. shares covered by the Rule 144 notice
Aggregate market value $365,000.00 Listed value for the 10,000 Class A shares to be sold
Acquisition date of shares 01/02/2026 Date of restricted stock vesting for the shares to be sold
Planned sale date 08/28/2026 Expected date for the Rule 144 sale of the shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Class A | 01/02/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing disclose for CarGurus, Inc. (CARG)?

It discloses that officer Samuel Zales has filed a Rule 144 notice to sell up to 10,000 Class A shares of CarGurus, Inc. common stock through Fidelity Brokerage Services LLC on NASDAQ, with an indicated aggregate value of about $365,000.

How many CARG shares are covered by Samuel Zales’ Rule 144 notice?

The notice covers up to 10,000 Class A shares of CarGurus, Inc. common stock. These shares are planned for resale under Rule 144 through Fidelity Brokerage Services LLC on NASDAQ.

What is the approximate market value of the CARG shares in this Form 144?

The filing lists an aggregate market value of approximately $365,000.00 for the 10,000 Class A shares of CarGurus, Inc. covered by the planned Rule 144 sale.

When were the CARG shares to be sold by Samuel Zales acquired?

The shares were acquired on January 2, 2026 through Restricted Stock Vesting from CarGurus, Inc., described in the filing as compensation-related stock.

By when does the Form 144 indicate the CARG shares may be sold?

The Form 144 indicates an expected sale date of August 28, 2026 for the 10,000 Class A shares of CarGurus, Inc. to be sold under Rule 144.

Who is executing the planned Rule 144 sale for CARG shares?

The planned sale is to be executed through Fidelity Brokerage Services LLC, listed as the broker for the 10,000 Class A shares of CarGurus, Inc. common stock on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature