STOCK TITAN

CarGurus (CARG) GC withholds 1,142 shares for RSU tax payment

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

Rhea-AI Filing Summary

CarGurus, Inc. General Counsel and Secretary Javier Zamora reported a routine tax-withholding disposition related to equity compensation. On May 1, 2026, 1,142 shares of Class A common stock were withheld at $37.04 per share to cover tax liability upon vesting of restricted stock units.

Following this transaction, Zamora directly holds 111,133 shares of CarGurus Class A common stock. The filing reflects a compensation-related share withholding rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Zamora Javier
Role General Counsel and Secretary
Type Security Shares Price Value
Tax Withholding Class A Common Stock 1,142 $37.04 $42K
Holdings After Transaction: Class A Common Stock — 111,133 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,142 shares Withheld to pay tax liability on RSU vesting
Withholding price per share $37.04 per share Value assigned to withheld shares on May 1, 2026
Shares held after transaction 111,133 shares Direct holdings of Class A common stock after withholding
restricted stock units financial
"Shares withheld for payment of tax liability upon vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for payment of tax liability."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"Security title listed as Class A Common Stock in the transaction."
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.
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zamora Javier

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

(Street)
BOSTON MASSACHUSETTS 02115

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CarGurus, Inc. [ CARG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/01/2026F(1)1,142D$37.04111,133D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld for payment of tax liability upon vesting of restricted stock units.
/s/ Suzanne Murray, as attorney-in-fact05/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CarGurus (CARG) report for Javier Zamora?

CarGurus reported that General Counsel and Secretary Javier Zamora had 1,142 Class A shares withheld. The shares were used to pay taxes due when his restricted stock units vested, not from an open-market sale or purchase.

How many CarGurus (CARG) shares were withheld for Javier Zamora’s taxes?

A total of 1,142 shares of CarGurus Class A common stock were withheld. This withholding covered Zamora’s tax liability tied to the vesting of restricted stock units, according to the Form 4 footnote disclosure.

At what price were Javier Zamora’s withheld CarGurus (CARG) shares valued?

The 1,142 withheld shares were valued at $37.04 per share. This price is used in the Form 4 to calculate the value of shares applied toward Javier Zamora’s tax obligations from restricted stock unit vesting.

How many CarGurus (CARG) shares does Javier Zamora hold after this transaction?

After the tax-withholding disposition, Javier Zamora directly holds 111,133 shares of CarGurus Class A common stock. This post-transaction holding figure is reported in the Form 4 as his remaining direct ownership.

Does Javier Zamora’s CarGurus (CARG) Form 4 show an open-market sale?

No, the Form 4 shows a tax-withholding disposition coded as “F,” not an open-market sale. Shares were withheld by the company to pay taxes when restricted stock units vested, a common equity compensation mechanism.

What does the Form 4 footnote say about Javier Zamora’s CarGurus (CARG) transaction?

The footnote explains that shares were withheld for payment of tax liability upon vesting of restricted stock units. This clarifies the transaction as compensation-related tax withholding rather than a discretionary buy or sell in the market.