TrueCar CEO has 29,493 shares withheld for tax liability

TrueCar, Inc.'s president and CEO, who is also a director, reported a transaction in the company’s common stock on 12/15/2025.

Rhea-AI Filing Summary

TrueCar, Inc.'s president and CEO, who is also a director, reported a transaction in the company’s common stock on 12/15/2025. The filing shows that 29,493 shares of common stock were disposed of at $2.14 per share under transaction code F, which indicates shares were withheld rather than sold on the market. According to the explanation, these shares were withheld to satisfy the reporting person’s tax liability in connection with the vesting of restricted stock units.

After this withholding, the reporting person beneficially owned 1,748,286 shares of TrueCar common stock, held in direct ownership.

Insider Trade Summary

Exercise Price or Tax Liability: 29,493 shares

Exercise Price or Tax Liability 1 txn

Insider Reigersman Jantoon

Role President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	29,493	$2.14	$63K

Holdings After Transaction: Common Stock — 1,748,286 shares (Direct)

Footnotes (1)

1. F1. The reported securities were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.

FAQ

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

What insider transaction did TrueCar (TRUE) report on 12/15/2025?

The president and CEO of TrueCar, Inc., who is also a director, reported a transaction on 12/15/2025 involving the company’s common stock under transaction code F.

How many TrueCar shares were involved in the CEO's December 2025 transaction?

The filing reports that 29,493 shares of TrueCar common stock were disposed of at a price of $2.14 per share in the transaction.

Why were the 29,493 TrueCar shares disposed of by the reporting person?

The explanation states that the 29,493 shares were withheld to satisfy the reporting person’s tax liability in connection with the vesting of restricted stock units.

How many TrueCar (TRUE) shares does the reporting person own after the transaction?

Following the reported transaction, the reporting person beneficially owned 1,748,286 shares of TrueCar common stock in direct ownership.

What is the reporting person's relationship to TrueCar (TRUE)?

The reporting person is listed as both a Director and an Officer, serving as President and CEO of TrueCar, Inc.

What does transaction code F mean in this TrueCar Form 4 filing?

In this filing, transaction code F is used for the disposal of 29,493 shares, and the explanation clarifies that the shares were withheld to satisfy tax liability related to restricted stock unit vesting.

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

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Accepted by SEC EDGAR 12/15/2025 - 08:58 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).

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^*

Reigersman Jantoon

(Last) (First) (Middle)

C/O TRUECAR, INC.

225 SANTA MONICA BLVD, 12TH FLOOR

(Street)

SANTA MONICA CA 90401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TrueCar, Inc. [ TRUE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	12/15/2025		F		29,493(1)	D	$2.14	1,748,286	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 securities were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.

Remarks:

	/s/ Tobin Watkinson, by Power of Attorney	12/15/2025
	** 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.