CarGurus (CARG) General Counsel has 4,119 shares withheld for RSU tax

Rhea-AI Filing Summary

CarGurus, Inc. General Counsel and Secretary Javier Zamora reported a routine tax-related share disposition. On the vesting of restricted stock units, 4,119 shares of Class A common stock were withheld at $35.14 per share to cover tax obligations, rather than sold in the open market.

After this withholding, Zamora directly holds 91,878 shares of CarGurus Class A common stock. This filing reflects standard tax withholding mechanics tied to equity compensation, not an active decision to buy or sell shares in the market.

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	4,119	$35.14	$145K

Holdings After Transaction: Class A Common Stock — 91,878 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 4,119 shares Withholding price per share: $35.14 per share Shares held after transaction: 91,878 shares

3 metrics

Shares withheld for taxes 4,119 shares Withheld upon RSU vesting for tax liability

Withholding price per share $35.14 per share Value used for tax-withholding disposition

Shares held after transaction 91,878 shares Direct Class A holdings after tax withholding

Key Terms

restricted stock units, tax-withholding disposition, Class A Common Stock, Form 4

4 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 the RSU vesting event."

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

"The transaction involved Class A Common Stock of CarGurus, Inc."

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.

Form 4 regulatory

"Insider ownership change was reported on Form 4."

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:18 PM Accepted by SEC EDGAR 07/02/2026 - 04:17 PM Learn about SEC filing dates

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).

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/01/2026		F(1)		4,119	D	$35.14	91,878	D

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.

	/s/ Suzanne Murray, as attorney-in-fact	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did CarGurus (CARG) insider Javier Zamora report in this Form 4?

Javier Zamora reported that 4,119 CarGurus Class A shares were withheld to cover taxes on vested restricted stock units. This was an automatic tax-withholding disposition, not an open-market sale, and is common for equity-based compensation awards.

How many CarGurus (CARG) shares were involved in the tax withholding?

A total of 4,119 shares of CarGurus Class A common stock were withheld. The shares were valued at $35.14 each for tax purposes, covering the tax liability arising from the vesting of restricted stock units granted to the executive.

What is Javier Zamora’s CarGurus (CARG) shareholding after this Form 4 transaction?

Following the tax-withholding transaction, Javier Zamora directly holds 91,878 shares of CarGurus Class A common stock. This remaining position reflects his ongoing equity stake after shares were withheld to satisfy tax obligations related to restricted stock unit vesting.

Was this CarGurus (CARG) Form 4 an open-market sale of shares?

No, the Form 4 reflects shares withheld for taxes, not an open-market sale. The 4,119 shares were retained by the company to satisfy tax liabilities when restricted stock units vested, a standard feature of equity compensation plans.

What does transaction code F mean in the CarGurus (CARG) Form 4?

Transaction code F indicates payment of tax liability by delivering or withholding securities. In this case, 4,119 CarGurus Class A shares were withheld upon restricted stock unit vesting, covering taxes owed by General Counsel and Secretary Javier Zamora.