CarGurus Form 144: 9,998 Class A Shares to Be Sold on NASDAQ

Rhea-AI Filing Summary

CarGurus, Inc. (CARG) Form 144 notice: An individual plans to sell 9,998 Class A shares on or about 10/01/2025 via Fidelity Brokerage Services (NASDAQ). The aggregate market value of the proposed sale is reported as $368,726.24, with total Class A shares outstanding listed as 85,043,939. The shares were acquired on 09/30/2025 through restricted stock vesting from the issuer and were paid as compensation on 09/30/2025. The filer reports no securities sold in the past three months. Several standard filer and issuer identification fields in the form are blank in the provided content.

Positive

• Clear disclosure of number of shares (9,998), aggregate market value ($368,726.24), broker, and intended sale date (10/01/2025)
• Acquisition method disclosed as restricted stock vesting and payment identified as compensation, providing transparency on source of shares
• No securities sold by the person in the past three months, per the form

Negative

• Key filer and issuer identification fields are blank in the provided extract, reducing immediate transparency
• Total shares outstanding is shown but the filer’s ownership percentage or relationship to issuer is not provided in this extract

Insights

Securities Analyst

TL;DR: Routine insider sale notice for ~10k shares valued at $369k; no recent sales reported and acquisition was compensation-based.

This Form 144 documents a planned sale of 9,998 Class A shares through a broker on NASDAQ with an aggregate market value of $368,726.24. The shares were acquired the prior day via restricted stock vesting and treated as compensation. The filing shows no sales in the past three months, which limits indications of ongoing insider liquidation. Absent additional context on the filer identity or relation size relative to holdings, this notice reads as a routine, compliance-driven disclosure rather than a material event.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 mechanics; missing filer identifiers reduce transparency in this extract.

The form supplies required mechanics: class, broker, share count, value, acquisition date and nature (restricted stock vesting), and intended sale date. However, key identifying fields for the filer and issuer contact details are blank in the provided content, which constrains assessment of insider relationship and potential aggregation rules. From a governance perspective, the filing appears procedural and consistent with insider compensation vesting followed by a planned sale, but the missing identifiers should be checked in the full SEC filing record for transparency.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	9998	368726.24	85043939	10/01/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	09/30/2025	Restricted Stock Vesting	Issuer			9998	09/30/2025	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does CarGurus (CARG) Form 144 disclose?

The form discloses a proposed sale of 9,998 Class A shares valued at $368,726.24, to be sold via Fidelity on or about 10/01/2025 on NASDAQ.

How were the shares being sold by CARG acquired?

The shares were acquired on 09/30/2025 through restricted stock vesting from the issuer and the payment type is listed as compensation.

Has the filer sold other CarGurus shares in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

Which broker will execute the sale?

The broker named is Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI and the exchange listed is NASDAQ.

What shareholder information is missing from this extract?

The provided extract lacks explicit filer CIK/CCC and several issuer contact fields, which are blank in this content.