CarGurus (CARG) COO has 11,525 shares withheld for taxes

Rhea-AI Filing Summary

CarGurus, Inc. COO and President Samuel Zales reported a tax-related share disposition. On this Form 4, 11,525 shares of Class A Common Stock were withheld at $33.55 per share to cover tax liabilities upon vesting of restricted stock units. After this withholding, he directly owns 464,327 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zales Samuel

Role COO and President

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	11,525	$33.55	$387K

Holdings After Transaction: Class A Common Stock — 464,327 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 11,525 shares Withholding share value: $33.55 per share Shares owned after transaction: 464,327 shares

3 metrics

Shares withheld for taxes 11,525 shares Tax-withholding disposition on Class A Common Stock

Withholding share value $33.55 per share Price applied to 11,525 withheld shares

Shares owned after transaction 464,327 shares Direct Class A Common Stock holdings after 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 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: Class A Common Stock reported 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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for CarGurus, Inc."

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Zales Samuel

(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)
	COO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		F(1)		11,525	D	$33.55	464,327	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/ Ariel Borgendale, as attorney-in-fact	04/02/2026
	** 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 insider transaction did CarGurus (CARG) COO Samuel Zales report?

Samuel Zales reported a tax-withholding disposition of shares. The company withheld 11,525 shares of Class A Common Stock to cover tax liabilities triggered by vesting restricted stock units, rather than an open-market sale.

How many CarGurus shares were withheld for Samuel Zales’ taxes?

CarGurus withheld 11,525 shares of Class A Common Stock for Samuel Zales’ tax obligations. This withholding occurred when his restricted stock units vested and is classified as a tax-withholding disposition, not a discretionary sale.

At what price were Samuel Zales’ CarGurus shares valued for tax withholding?

The withheld shares were valued at $33.55 per share. This price applies to the 11,525 CarGurus Class A Common shares used to satisfy Samuel Zales’ tax liability when his restricted stock units vested.

How many CarGurus shares does Samuel Zales own after this Form 4 transaction?

After the tax-withholding disposition, Samuel Zales directly holds 464,327 shares of CarGurus Class A Common Stock. This figure reflects his updated direct ownership following the automatic share withholding for taxes.

Was Samuel Zales’ CarGurus Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The filing shows shares were withheld by CarGurus solely to pay Samuel Zales’ tax liability upon vesting of restricted stock units, a routine administrative event.