CarGurus (NASDAQ: CARG) CPO withholds 2,300 shares for tax liability
Rhea-AI Filing Summary
CarGurus, Inc. reported that Chief Product Officer Elshareef Ismail had 2,300 shares of Class A Common Stock withheld on July 31, 2026 at $36.24 per share to satisfy tax liability upon vesting of restricted stock units. After this tax-withholding disposition, he holds 142,694 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,300 shares
Net Sell
1 txn
Insider
Elshareef Ismail
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 2,300 | $36.24 | $83K |
Holdings After Transaction:
Class A Common Stock — 142,694 shares (Direct)
Footnotes (1)
- F1. Shares withheld for payment of tax liability upon vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 2,300 shares
Per-share value for tax withholding: $36.24 per share
Shares held after transaction: 142,694 shares
3 metrics
Shares withheld for taxes
2,300 shares
Class A Common Stock withheld on 2026-07-31 to satisfy tax liability on RSU vesting
Per-share value for tax withholding
$36.24 per share
Value used for the 2,300 shares withheld for tax liability
Shares held after transaction
142,694 shares
Direct holdings of Class A Common Stock by Elshareef Ismail following the tax-withholding disposition
Key Terms
restricted stock units, Class A Common Stock, tax-withholding disposition
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.
Class A Common Stock financial
"security_title: 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Was the CarGurus (CARG) insider transaction made under a Rule 10b5-1 trading plan?
The report indicates the transaction was not made under a Rule 10b5-1 trading plan, as the related checkbox was left unchecked and there is no footnote stating that the tax-withholding disposition occurred pursuant to such a pre-arranged plan.