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CarGurus (CARG) holder files to sell 8,957 Class A shares via Rule 144

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CarGurus, Inc. (CARG) has filed a notice of proposed sale of 8,957 Class A shares under SEC Rule 144, to be effected through Fidelity Brokerage Services LLC. The shares relate to restricted stock that vested on January 31, 2025, and that is scheduled to vest on July 1, 2026 and July 31, 2026.

Positive

  • None.

Negative

  • None.
Shares to be sold 8,957 shares Total Class A shares covered by the Rule 144 notice
Vesting date 01/31/2025 Restricted stock vesting associated with part of the shares
Vesting date 07/01/2026 Restricted stock vesting associated with part of the shares
Vesting date 07/31/2026 Restricted stock vesting associated with part of the shares
Rule 144 regulatory
"has filed a notice of proposed sale of 8,957 Class A shares under SEC 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 | 01/31/2025 | 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.
Class A shares financial
"proposed sale of 8,957 Class A shares under SEC Rule 144"
Class A shares are one of a company’s distinct types of stock that come with a specific set of rights—commonly different voting power, dividend treatment, or transfer rules—defined in the company’s charter. Investors care because those rights affect control, income and resale value; like holding a seat at a table that has different rules or stronger chips than other seats, owning Class A changes how much influence and return you can expect.

FAQ

What does CarGurus (CARG) disclose in this Rule 144 filing?

CarGurus (CARG) discloses a proposed sale of 8,957 Class A shares under SEC Rule 144. The shares are linked to restricted stock awards vesting in 2025 and 2026 and would be sold through Fidelity Brokerage Services LLC.

How many CarGurus (CARG) shares are proposed to be sold?

The filing covers a proposed sale of 8,957 Class A shares of CarGurus (CARG). These shares correspond to multiple restricted stock vesting events disclosed in the document, aggregated into a single total for the planned Rule 144 sale.

What is the origin of the CarGurus (CARG) shares in this Form 144?

The shares in this CarGurus (CARG) Form 144 arise from restricted stock vesting. Vesting dates include January 31, 2025, July 1, 2026, and July 31, 2026, and the shares are characterized as compensation from the issuer.

Which broker is handling the proposed CarGurus (CARG) Rule 144 sale?

The proposed CarGurus (CARG) Rule 144 sale is arranged through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, as identified in the securities information section of the filing.

Are there details on CarGurus (CARG) share sales in the past three months?

The section for securities sold during the past three months appears without specific entries for CarGurus (CARG), indicating no detailed past-three-month sales are listed in this particular Rule 144 disclosure.

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