Jason Trevisan - Jul 1, 2024 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role
Chief Executive Officer, Director
Signature
/s/ Suzanne Murray, as attorney-in-fact
Stock symbol
CARG
Transactions as of
Jul 1, 2024
Transactions value $
-$656,250
Form type
4
Date filed
7/3/2024, 05:34 PM
Previous filing
Apr 3, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Tax liability -$656K -26.3K -3.12% $24.98 816K Jul 1, 2024 Direct F1
holding CARG Class A Common Stock 80K Jul 1, 2024 See Footnote F2, F3
holding CARG Class A Common Stock 0 Jul 1, 2024 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of tax liability upon vesting of restricted stock units.
F2 On June 28, 2024, the Trevisan 2021 Grantor Retained Annuity Trust dated March 12, 2021 (the "GRAT") distributed 17,388 shares of the Issuer's Class A Common Stock as an annuity payment to the Jason Trevisan 2019 Family Trust dated July 23, 2019 (the "Family Trust").
F3 These shares are held directly by the Jason Trevisan 2019 Family Trust dated July 23, 2019 (the "Family Trust"), of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the beneficiaries of the Family Trust.