CarGurus counsel sells 3,533 shares in 10b5-1 trade
CarGurus, Inc. General Counsel and Secretary Javier Zamora reported an open-market sale of 3,533 shares of Class A common stock.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
CarGurus, Inc. General Counsel and Secretary Javier Zamora reported an open-market sale of 3,533 shares of Class A common stock. The shares were sold at a weighted average price of $36.06 per share, in multiple trades between $36.00 and $36.27. After this transaction, he directly holds 88,345 shares. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.
Insider Trade Summary 10b5-1
Net Seller: 3,533 shares
Net Sell
1 txn
Insider
Zamora Javier
Role
General Counsel and Secretary
Sold
3,533 shs ($127K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,533 | $36.06 | $127K |
Holdings After Transaction:
Class A Common Stock — 88,345 shares (Direct)
Footnotes (2)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.27 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: 3,533 shares
Weighted average sale price: $36.06 per share
Post-transaction holdings: 88,345 shares
+2 more
5 metrics
Shares sold
3,533 shares
Open-market sale on July 2, 2026
Weighted average sale price
$36.06 per share
Class A Common Stock sale
Post-transaction holdings
88,345 shares
Direct ownership after sale
Price range of trades
$36.00–$36.27 per share
Multiple transactions within range
Net shares sold
3,533 shares
Net-sell according to transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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 sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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) report for Javier Zamora?
CarGurus reported that General Counsel and Secretary Javier Zamora sold 3,533 shares of Class A common stock. The sale was an open-market transaction executed under a Rule 10b5-1 trading plan, which pre-schedules trades in advance.
Was the CarGurus (CARG) insider sale by Javier Zamora pre-planned?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan. Such plans are adopted in advance and automatically execute trades, indicating the sale timing was pre-arranged rather than a discretionary same-day decision.
What does a weighted average price mean in the CarGurus (CARG) Form 4?
The weighted average price of $36.06 means the 3,533 shares were sold in multiple trades at different prices. The filing notes the trades ranged from $36.00 to $36.27, and detailed breakdowns are available on request from the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
