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CarGurus officer files to sell 10,000 shares

Form 144 reports potential Rule 144 sales by CarGurus officer Samuel Zales totaling 10,000 Class A shares, with a recent 10,000-share sale also disclosed.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CarGurus, Inc. (CARG) is the issuer of Class A common stock for which a notice on Form 144 has been filed indicating a potential sale by officer Samuel Zales under Rule 144. The filing covers up to 10,000 Class A shares held at Fidelity Brokerage Services LLC, with an approximate aggregate market value of $346,200 as of the filing details.

The shares to be sold relate to restricted stock vesting from the issuer on April 1, 2025, designated as compensation. The notice also lists a prior sale by Samuel Zales of 10,000 Class A shares on August 28, 2026, for approximately $365,000. The Form 144 is signed by Gary Redman as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Samuel Zales.

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Shares proposed for sale 10,000 shares Maximum number of CarGurus Class A shares covered by the Form 144 notice
Proposed sale value $346,200 Approximate aggregate market value for 10,000 Class A shares in the Form 144
Recent shares sold 10,000 shares Class A shares sold by Samuel Zales on August 28, 2026, during the past three months
Recent sale proceeds $365,000 Aggregate amount received for 10,000 Class A shares sold on August 28, 2026
Acquisition date of shares April 1, 2025 Date of restricted stock vesting tied to the 10,000 shares to be sold
Filing date reference September 15, 2026 Date appearing with principal amount and NASDAQ listing context in the notice
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 | 04/01/2025 | 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 attorney-in-fact for Samuel Zales"
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.
compensation financial
"10000 | 04/01/2025 | Compensation"
Class A financial
"Class A | Fidelity Brokerage Services LLC"
Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

The filing discloses that officer Samuel Zales has filed a Form 144 indicating a potential sale of up to 10,000 shares of CarGurus Class A common stock under Rule 144, with the shares held at Fidelity Brokerage Services LLC.

How many CarGurus (CARG) shares are covered by this Form 144 notice?

The notice covers up to 10,000 shares of CarGurus Class A common stock. These shares are associated with restricted stock vesting from April 1, 2025, and are categorized as compensation from the issuer.

What is the approximate value of the CarGurus (CARG) shares proposed to be sold?

The Form 144 lists an approximate market value of $346,200 for the 10,000 Class A shares proposed for sale, based on the pricing information provided in the filing.

What prior CarGurus (CARG) share sales by Samuel Zales are disclosed?

The filing discloses that 10,000 Class A shares of CarGurus were sold by Samuel Zales on August 28, 2026, for an aggregate amount of approximately $365,000 during the past three months.

How were the CarGurus (CARG) shares being sold originally acquired?

The Form 144 states that the 10,000 shares to be sold are tied to restricted stock vesting from the issuer, CarGurus, Inc., on April 1, 2025, and the nature of acquisition is listed as compensation.

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

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