CarGurus (CARG) insider sells 6,205 shares, 1,880 withheld for tax

Rhea-AI Filing Summary

CarGurus, Inc. General Counsel and Secretary Javier Zamora reported transactions in Class A Common Stock. On August 3, 2026, he sold 6,205 shares at a weighted average price of $37.08 per share under a Rule 10b5-1 trading plan. On July 31, 2026, 1,880 shares were withheld to cover tax liabilities upon vesting of restricted stock units.

Insider Trade Summary 10b5-1

Net Seller: 8,085 shares

Net Sell 2 txns

Insider Zamora Javier

Role General Counsel and Secretary

Sold 6,205 shs ($230K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F2, F3	6,205	$37.08	$230K
Tax Withholding	Class A Common Stock F1	1,880	$36.24	$68K

Holdings After Transaction: Class A Common Stock — 80,260 shares (Direct)

Footnotes (3)

1. F1. Shares withheld for payment of tax liability upon vesting of restricted stock units.
2. F2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
3. F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.81 to $37.50 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: 6,205 shares Sale price (weighted average): $37.08 per share Shares withheld for taxes: 1,880 shares +1 more

4 metrics

Shares sold 6,205 shares Class A Common Stock sale on August 3, 2026

Sale price (weighted average) $37.08 per share Weighted average price for 6,205 shares sold on August 3, 2026

Shares withheld for taxes 1,880 shares Withheld on July 31, 2026 to cover tax liability on RSU vesting

Tax withholding reference price $36.24 per share Reported price for 1,880 shares withheld on July 31, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average price, restricted stock units

3 terms

Rule 10b5-1 trading plan regulatory

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

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.

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.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 05:09 PM Accepted by SEC EDGAR 08/04/2026 - 05:09 PM Learn about SEC filing dates

FAQ

What insider stock transactions did CarGurus (CARG) report for Javier Zamora?

CarGurus reported that Javier Zamora, General Counsel and Secretary, sold 6,205 shares of Class A Common Stock on August 3, 2026, and had 1,880 shares withheld on July 31, 2026, to satisfy tax liabilities from vesting restricted stock units.

How many CarGurus (CARG) shares did Javier Zamora sell and at what price?

Javier Zamora sold 6,205 shares of CarGurus Class A Common Stock at a $37.08 weighted average price per share on August 3, 2026. The shares were sold in multiple trades between $36.81 and $37.50 per share, as disclosed in the filing.

Was Javier Zamora’s CarGurus (CARG) share sale made under a Rule 10b5-1 plan?

Yes. The filing states that the 6,205-share sale on August 3, 2026 was effected pursuant to a Rule 10b5-1 trading plan adopted by Javier Zamora. Such plans allow pre-arranged trading according to specified instructions, reducing discretion over trade timing.

Why were 1,880 CarGurus (CARG) shares disposed of on July 31, 2026?

On July 31, 2026, 1,880 shares of CarGurus Class A Common Stock were disposed of to satisfy tax liabilities. The filing explains these shares were withheld upon the vesting of restricted stock units, rather than sold in an open-market transaction.

What prices are associated with Javier Zamora’s recent CarGurus (CARG) transactions?

The open-market sale of 6,205 shares on August 3, 2026 carried a $37.08 weighted average price per share, with individual trades from $36.81 to $37.50. The 1,880 withheld shares on July 31, 2026 are reported at $36.24 per share.

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^*

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)
07/31/2026

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	07/31/2026		F(1)		1,880	D	$36.24	86,465	D
Class A Common Stock	08/03/2026		S(2)		6,205	D	$37.08(3)	80,260	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.

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

3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.81 to $37.50 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	08/04/2026
	** 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)