| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CARG | Class A Common Stock | Options Exercise | $2.83K | +17.7K | +3.68% | $0.16 | 498K | Sep 16, 2024 | Direct | F1, F2, F3 |
| transaction | CARG | Class A Common Stock | Sale | -$727K | -25.2K | -5.05% | $28.88 | 473K | Sep 16, 2024 | Direct | F4, F5, F6 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
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).
| Id | Content |
|---|---|
| F1 | This stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| F2 | Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election. |
| F3 | The original Form 4, filed on September 18, 2024, is being amended by this Form 4 amendment solely to correct an administrative error. The original Form 4 inadvertently reported that the Reporting Person owned 473,083 shares of Class A common stock after the stock option exercise. However, as reported in this amended Form 4, the Reporting Person directly owned 498,251 shares of Class A common stock after such stock option exercise. |
| F4 | This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| F5 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.65 to $29.10 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. |
| F6 | The original Form 4, filed on September 18, 2024, is being amended by this Form 4 amendment solely to correct an administrative error. The original Form 4 inadvertently reported that the Reporting Person owned 455,415 shares of Class A common stock after the sale of Class A common stock. However, as reported in this amended Form 4, the Reporting Person directly owned 473,083 shares of Class A common stock after such sale. |