STOCK TITAN

[Form 4] CarGurus, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Steinert Langley, who serves as Executive Chair, a Director and a 10% owner of CarGurus, Inc. (CARG), reported a transaction dated 10/01/2025. The filing shows 12,361 shares of Class A common stock were disposed of at a price of $37.55; the form explains these shares were withheld to cover tax withholding on vested restricted stock units. After the transaction, the reporting person beneficially owned 470,874 shares of Class A common stock directly. The filing also discloses indirect ownership of additional shares held by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, of which the reporting person disclaims beneficial ownership. The form is signed by an attorney-in-fact on 10/02/2025.

Steinert Langley, che ricopre i ruoli di Executive Chair, Director e 10% proprietario di CarGurus, Inc. (CARG), ha segnalato una transazione datata 10/01/2025. La nota di deposito mostra che sono state dispose 12,361 azioni ordinarie di Classe A al prezzo di $37.55; il modulo spiega che tali azioni sono state trattenute per coprire le ritenute fiscali sulle unità di azioni restritte acquisite. Dopo la transazione, la persona che segnala detiene beneficiariamente 470,874 azioni ordinarie di Classe A direttamente. La nota di deposito indica anche una proprietà indiretta di ulteriori azioni detenute da The Langley Steinert Irrevocable Family Trust dated June 21, 2004, delle quali la persona che segnala dichiara di non beneficiare di proprietà. Il modulo è firmato da un procuratore in fatto il 10/02/2025.

Steinert Langley, quien se desempeña como Executive Chair, un Director y un propietario del 10% de CarGurus, Inc. (CARG), reportó una transacción con fecha 10/01/2025. La presentación muestra que se deshicieron de 12,361 acciones comunes de Clase A a un precio de $37.55; el formulario explica que estas acciones fueron retenidas para cubrir la retención de impuestos sobre unidades de acciones restringidas vestidas. Después de la transacción, la persona que reporta poseía beneficiosamente 470,874 acciones comunes de Clase A directamente. La presentación también divulga propiedad indirecta de acciones adicionales en posesión de The Langley Steinert Irrevocable Family Trust dated June 21, 2004, de las cuales la persona que reporta renuncia a la titularidad beneficiosa. El formulario está firmado por un apoderado en 10/02/2025.

Steinert LangleyExecutive Chair, Director 그리고 CarGurus, Inc. (CARG)의 10% 지분 보유자로서, 10/01/2025로 기재된 거래를 보고했습니다. 신고서는 12,361주의 Class A 보통주가 $37.55의 가격으로 처분되었음을 보여주며; 양식은 이 주식들이 실제 vesting된 제한주 단위에 대한 세금 원천징수를 충당하기 위해 보류되었다고 설명합니다. 거래 후, 신고자는 직접적으로 470,874주의 Class A 보통주를Beneficial하게 소유했습니다. 또한 The Langley Steinert Irrevocable Family Trust dated June 21, 2004에 의해 간접 소유로 보유된 추가 주식에 대한 소유권도 공시되며, 신고자는 이 주식에 대한 유익 소유권을 포기합니다. 양식은 10/02/2025에 법정대리인이 서명했습니다.

Steinert Langley, qui occupe les postes de Executive Chair, Directeur et propriétaire à 10% de CarGurus, Inc. (CARG), a déclaré une transaction datée du 01/10/2025. Le dépôt indique que 12 361 actions ordinaires de Classe A ont été cédées à un prix de $37,55 ; le formulaire explique que ces actions ont été retenues pour couvrir les retenues d'impôt sur des unités d'actions restreintes acquises. Après la transaction, la personne déclarant détenait bénéficiairement 470 874 actions ordinaires de Classe A directement. Le dépôt révèle également une propriété indirecte d'actions supplémentaires détenues par The Langley Steinert Irrevocable Family Trust dated June 21, 2004, dont la personne déclarant rapporte ne bénéficie pas la propriété. Le formulaire est signé par un mandataire le 02/10/2025.

Steinert Langley, der als Executive Chair, Director und 10% Eigentümer von CarGurus, Inc. (CARG) fungiert, meldete eine Transaktion mit Datum 10/01/2025. Die Einreichung zeigt, dass 12,361 Class-A- Stammaktien zu einem Preis von $37.55 verkauft wurden; das Formular erklärt, dass diese Aktien zurückgehalten wurden, um Steuervorabzüge auf vestete Restricted Stock Units abzudecken. Nach der Transaktion hielt die meldende Person unmittelbar 470,874 Class-A-Stammaktien direkt und vorteilhaft. Die Einreichung offenbart auch indirektes Eigentum an weiteren Aktien, gehalten von The Langley Steinert Irrevocable Family Trust dated June 21, 2004, deren vorteilshalber die meldende Person keinen Eigentumsvorteil geltend macht. Das Formular ist am 02/10/2025 von einem Vollstrecker unterzeichnet.

ستينرت لانجلي، الذي يشغل منصبي الرئيس التنفيذي ورئيس مجلس الإدارة ومالك 10% من CarGurus, Inc. (CARG)، أفاد بصفقة بتاريخ 10/01/2025. يظهر filing أن 12,361 سهماً عاديًا من الفئة A قد تم بيعها بسعر $37.55؛ يشرح النموذج أن هذه الأسهم قد حُجزت لتغطية ضرائب الاقتطاع على وحدات الأسهم المقيدة المكتسبة vesting. بعد الصفقة، أصبحت 470,874 سهماً عادياً من الفئة A مملوكة بشكل مباشر بصفة مستفيدة من قبل الشخص المبلغ عنه. كما يكشف filing عن ملكية غير مباشرة لأسهم إضافية مملوكة من قبل The Langley Steinert Irrevocable Family Trust dated June 21, 2004، والتي يتنصل فيها الشخص المبلّغ عن ملكية منافع. تم توقيع النموذج من قبل وكيل قانوني كفء في 10/02/2025.

Steinert Langley,担任执行会主席董事以及CarGurus, Inc. (CARG)的10%股东,报告了一笔日期为10/01/2025的交易。备案显示以$37.55的价格处置了12,361股A类普通股;表格解释称这些股票被扣留以覆盖已归属的受限股票单位的税务扣缴。在交易后,申报人实际直接持有470,874股A类普通股。备案还披露了由The Langley Steinert Irrevocable Family Trust dated June 21, 2004持有的其他股票的间接所有权,申报人对这些股票不享有受益所有权。表格由代理律师于10/02/2025签署。

Positive
  • Reporting person retains a sizable direct stake: 470,874 Class A shares remain beneficially owned after the transaction
  • Disposition was for tax withholding on vested RSUs, a standard, non-trading disposition method
Negative
  • 12,361 Class A shares were disposed at $37.55 on 10/01/2025, reducing the reporting person's direct holdings

Steinert Langley, che ricopre i ruoli di Executive Chair, Director e 10% proprietario di CarGurus, Inc. (CARG), ha segnalato una transazione datata 10/01/2025. La nota di deposito mostra che sono state dispose 12,361 azioni ordinarie di Classe A al prezzo di $37.55; il modulo spiega che tali azioni sono state trattenute per coprire le ritenute fiscali sulle unità di azioni restritte acquisite. Dopo la transazione, la persona che segnala detiene beneficiariamente 470,874 azioni ordinarie di Classe A direttamente. La nota di deposito indica anche una proprietà indiretta di ulteriori azioni detenute da The Langley Steinert Irrevocable Family Trust dated June 21, 2004, delle quali la persona che segnala dichiara di non beneficiare di proprietà. Il modulo è firmato da un procuratore in fatto il 10/02/2025.

Steinert Langley, quien se desempeña como Executive Chair, un Director y un propietario del 10% de CarGurus, Inc. (CARG), reportó una transacción con fecha 10/01/2025. La presentación muestra que se deshicieron de 12,361 acciones comunes de Clase A a un precio de $37.55; el formulario explica que estas acciones fueron retenidas para cubrir la retención de impuestos sobre unidades de acciones restringidas vestidas. Después de la transacción, la persona que reporta poseía beneficiosamente 470,874 acciones comunes de Clase A directamente. La presentación también divulga propiedad indirecta de acciones adicionales en posesión de The Langley Steinert Irrevocable Family Trust dated June 21, 2004, de las cuales la persona que reporta renuncia a la titularidad beneficiosa. El formulario está firmado por un apoderado en 10/02/2025.

Steinert LangleyExecutive Chair, Director 그리고 CarGurus, Inc. (CARG)의 10% 지분 보유자로서, 10/01/2025로 기재된 거래를 보고했습니다. 신고서는 12,361주의 Class A 보통주가 $37.55의 가격으로 처분되었음을 보여주며; 양식은 이 주식들이 실제 vesting된 제한주 단위에 대한 세금 원천징수를 충당하기 위해 보류되었다고 설명합니다. 거래 후, 신고자는 직접적으로 470,874주의 Class A 보통주를Beneficial하게 소유했습니다. 또한 The Langley Steinert Irrevocable Family Trust dated June 21, 2004에 의해 간접 소유로 보유된 추가 주식에 대한 소유권도 공시되며, 신고자는 이 주식에 대한 유익 소유권을 포기합니다. 양식은 10/02/2025에 법정대리인이 서명했습니다.

Steinert Langley, qui occupe les postes de Executive Chair, Directeur et propriétaire à 10% de CarGurus, Inc. (CARG), a déclaré une transaction datée du 01/10/2025. Le dépôt indique que 12 361 actions ordinaires de Classe A ont été cédées à un prix de $37,55 ; le formulaire explique que ces actions ont été retenues pour couvrir les retenues d'impôt sur des unités d'actions restreintes acquises. Après la transaction, la personne déclarant détenait bénéficiairement 470 874 actions ordinaires de Classe A directement. Le dépôt révèle également une propriété indirecte d'actions supplémentaires détenues par The Langley Steinert Irrevocable Family Trust dated June 21, 2004, dont la personne déclarant rapporte ne bénéficie pas la propriété. Le formulaire est signé par un mandataire le 02/10/2025.

Steinert Langley, der als Executive Chair, Director und 10% Eigentümer von CarGurus, Inc. (CARG) fungiert, meldete eine Transaktion mit Datum 10/01/2025. Die Einreichung zeigt, dass 12,361 Class-A- Stammaktien zu einem Preis von $37.55 verkauft wurden; das Formular erklärt, dass diese Aktien zurückgehalten wurden, um Steuervorabzüge auf vestete Restricted Stock Units abzudecken. Nach der Transaktion hielt die meldende Person unmittelbar 470,874 Class-A-Stammaktien direkt und vorteilhaft. Die Einreichung offenbart auch indirektes Eigentum an weiteren Aktien, gehalten von The Langley Steinert Irrevocable Family Trust dated June 21, 2004, deren vorteilshalber die meldende Person keinen Eigentumsvorteil geltend macht. Das Formular ist am 02/10/2025 von einem Vollstrecker unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Steinert Langley

(Last) (First) (Middle)
1001 BOYLSTON STREET
16TH FLOOR

(Street)
BOSTON MA 02115

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CarGurus, Inc. [ CARG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Executive Chair
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/01/2025 F(1) 12,361 D $37.55 470,874 D
Class A Common Stock 2 I See Footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld for payment of tax liability upon vesting of restricted stock units.
2. These shares are owned directly by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, of which the Reporting Person's children are the beneficiaries. The Reporting Person may be deemed to have indirect ownership over such shares, but expressly disclaims beneficial ownership of such shares.
/s/ Suzanne Murray, as attorney-in-fact 10/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for CarGurus (CARG)?

The Form 4 was filed by Steinert Langley, identified as Executive Chair, a Director and a 10% owner.

What transaction was reported on the Form 4 dated 10/01/2025 for CARG?

The filing reports the disposition of 12,361 shares of Class A common stock at $37.55 on 10/01/2025.

Why were the 12,361 shares disposed of according to the filing?

The filing states those shares were withheld to pay tax liability upon vesting of restricted stock units.

How many Class A shares does the reporting person own after the transaction?

After the reported transaction the reporting person beneficially owns 470,874 Class A shares directly.

Does the filing disclose any indirect ownership?

Yes. The filing discloses indirect ownership of additional shares held by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, which the reporting person expressly disclaims beneficial ownership of.
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