CarGurus GC sells 3,532 shares in planned trade
CarGurus, Inc. General Counsel and Secretary Javier Zamora sold 3,532 shares of Class A Common Stock in an open-market transaction at a weighted average price of $34.08 per share.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
CarGurus, Inc. General Counsel and Secretary Javier Zamora sold 3,532 shares of Class A Common Stock in an open-market transaction at a weighted average price of $34.08 per share. The trade was executed under a pre-arranged Rule 10b5-1 plan, and Zamora now holds 95,997 shares directly.
Insider Trade Summary 10b5-1
Net Seller: 3,532 shares
Net Sell
1 txn
Insider
Zamora Javier
Role
General Counsel and Secretary
Sold
3,532 shs ($120K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,532 | $34.08 | $120K |
Holdings After Transaction:
Class A Common Stock — 95,997 shares (Direct)
Footnotes (2)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.30 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
Key Figures
Shares sold: 3,532 shares
Average sale price: $34.08 per share
Post-transaction holdings: 95,997 shares
+1 more
4 metrics
Shares sold
3,532 shares
Open-market sale on 2026-06-29
Average sale price
$34.08 per share
Weighted average transaction price
Post-transaction holdings
95,997 shares
Shares directly owned after sale
Sale price range
$34.00–$34.30 per share
Price range for individual trades
Key Terms
Form 4, Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
4 terms
Form 4 regulatory
"This insider transaction was disclosed on Form 4 as required for reporting persons."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"The transaction involved 3,532 shares of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CarGurus (CARG) report for Javier Zamora?
CarGurus reported that General Counsel Javier Zamora sold 3,532 shares of Class A Common Stock. The open-market transaction occurred at a weighted average price of $34.08 per share, under a pre-arranged Rule 10b5-1 trading plan.
Was the CarGurus (CARG) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan. Such plans are pre-arranged instructions for trading shares, helping insiders systematically diversify holdings over time.
What role does Javier Zamora hold at CarGurus (CARG)?
Javier Zamora serves as General Counsel and Secretary at CarGurus. His position makes him a reporting officer, so his trades in CarGurus Class A Common Stock must be disclosed on Form 4 with details on size and pricing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
