CarGurus (NASDAQ: CARG) COO sells 10,000 shares in plan

Rhea-AI Filing Summary

CarGurus, Inc. (CARG) reported that its COO and President, Samuel Zales, sold 10,000 shares of Class A Common Stock on 2026-08-28 at $36.50 per share in an open-market or private transaction. Following this sale, he directly holds 465,349 shares. The transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person.

Insider Trade Summary 10b5-1

Net Seller: 10,000 shares

Net Sell 1 txn

Insider Zales Samuel

Role COO and President

Sold 10,000 shs ($365K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	10,000	$36.50	$365K

Holdings After Transaction: Class A Common Stock — 465,349 shares (Direct)

Footnotes (1)

1. F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

Key Figures

Shares sold: 10,000 shares of Class A Common Stock Sale price per share: $36.50 per share Shares owned after transaction: 465,349 shares of Class A Common Stock

3 metrics

Shares sold 10,000 shares of Class A Common Stock Sale on 2026-08-28 reported on Form 4

Sale price per share $36.50 per share Price for the 10,000 shares sold on 2026-08-28

Shares owned after transaction 465,349 shares of Class A Common Stock Direct holdings of Samuel Zales following the sale

Key Terms

Rule 10b5-1 trading plan, Class A Common Stock, open market or private transaction

3 terms

Rule 10b5-1 trading plan regulatory

"This sale was effected pursuant to a Rule 10b5-1 trading plan"

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.

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.

open market or private transaction financial

"transaction_code_description: "Sale in open market or private transaction""

FAQ

What insider transaction did CarGurus, Inc. (CARG) report for Samuel Zales?

CarGurus reported that COO and President Samuel Zales sold 10,000 shares of Class A Common Stock on 2026-08-28 in an open-market or private transaction at $36.50 per share, under a Rule 10b5-1 trading plan.

How many CarGurus (CARG) shares does Samuel Zales hold after this Form 4 transaction?

After the reported sale, Samuel Zales directly holds 465,349 shares of CarGurus Class A Common Stock, as stated in the Form 4 filing.

At what price did Samuel Zales sell CarGurus (CARG) shares in this Form 4?

Samuel Zales sold the 10,000 CarGurus Class A Common Stock shares at a price of $36.50 per share in the reported transaction.

Was the CarGurus (CARG) insider sale by Samuel Zales under a Rule 10b5-1 plan?

Yes. The filing footnote states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

What role does Samuel Zales hold at CarGurus (CARG) in this Form 4?

Samuel Zales is identified as COO and President of CarGurus, Inc. in the Form 4 filing reporting this insider transaction.

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Available on EDGAR 08/31/2026 - 04:37 PM Accepted by SEC EDGAR 08/31/2026 - 04:36 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).

X

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)
08/28/2026

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	08/28/2026		S(1)		10,000	D	$36.5	465,349	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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

	/s/ Ariel Borgendale, as attorney-in-fact	08/31/2026
	** 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)