CarGurus director sells 10,000 shares at $36.07

CarGurus, Inc. director Greg M. Schwartz reported a sale of 10,000 shares of Class A Common Stock on August 12, 2026 in an open market or private transaction at a weighted average price of $36.07 per share.

Rhea-AI Filing Summary

CarGurus, Inc. director Greg M. Schwartz reported a sale of 10,000 shares of Class A Common Stock on August 12, 2026 in an open market or private transaction at a weighted average price of $36.07 per share. Following this sale, he directly holds 8,716 shares of Class A Common Stock.

The reported price reflects multiple trades executed between $36.04 and $36.14 per share, with detailed trade breakdowns available from the reporting person on request.

Insider Trade Summary

Net Seller: 10,000 shares

Net Sell 1 txn

Insider Schwartz Greg M

Role Director

Sold 10,000 shs ($361K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	10,000	$36.07	$361K

Holdings After Transaction: Class A Common Stock — 8,716 shares (Direct)

Footnotes (1)

1. F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.04 to $36.14 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: 10,000 shares Weighted average sale price: $36.07 per share Post-transaction holdings: 8,716 shares +1 more

4 metrics

Shares sold 10,000 shares Class A Common Stock sold on August 12, 2026

Weighted average sale price $36.07 per share Open market or private sale of 10,000 shares

Post-transaction holdings 8,716 shares Directly held Class A Common Stock after August 12, 2026 sale

Price range of trades $36.04–$36.14 per share Range for multiple executions comprising the weighted average price

Key Terms

weighted average price, open market or private transaction, Class A Common Stock

3 terms

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.

open market or private transaction financial

"Transaction code description: Sale in open market or private transaction"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CarGurus (CARG) director Greg M. Schwartz report?

Greg M. Schwartz reported selling 10,000 shares of CarGurus Class A Common Stock on August 12, 2026. The sale was reported as an open market or private transaction at a weighted average price of $36.07 per share.

At what price did Greg M. Schwartz sell CarGurus (CARG) shares?

The reported sale used a weighted average price of $36.07 per share. According to the disclosure, the individual trades occurred at prices ranging from $36.04 to $36.14 per share, with detailed breakdowns available on request.

How many CarGurus (CARG) shares does Greg M. Schwartz hold after the reported sale?

After selling 10,000 shares, Greg M. Schwartz directly holds 8,716 shares of CarGurus Class A Common Stock. This figure reflects his direct ownership position immediately following the August 12, 2026 transaction.

Was the August 12, 2026 CarGurus (CARG) insider sale under a Rule 10b5-1 plan?

The disclosure indicates the Rule 10b5-1 checkbox was not affirmed for this transaction. There is no accompanying footnote stating that the August 12, 2026 sale was executed pursuant to a pre-arranged trading plan.

What type of security did Greg M. Schwartz sell in the CarGurus (CARG) filing?

Greg M. Schwartz sold Class A Common Stock of CarGurus, Inc. The transaction involved 10,000 shares classified as a non-derivative security, rather than options or other derivative instruments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/14/2026 - 04:49 PM EDT 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^*

Schwartz Greg M

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026

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	08/12/2026		S		10,000	D	$36.07(1)	8,716	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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.04 to $36.14 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.

	/s/ Suzanne Murray, as attorney-in-fact	08/14/2026
	** 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)