CarGurus (CARG) GC withholds 1,142 shares for RSU tax payment
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Shares withheld for taxes: 1,142 shares
Withholding price per share: $37.04 per share
Shares held after transaction: 111,133 shares
3 metrics
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
Key Terms
restricted stock units, tax-withholding disposition, Class A Common Stock
3 terms
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.
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.
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.