Oliver Foley - 21 Jan 2026 Form 4 Insider Report for TrueCar, Inc. (TRUE)

Signature
/s/ Jeff Swart, by Power of Attorney
Issuer symbol
TRUE
Transactions as of
21 Jan 2026
Net transactions value
-$868,433
Form type
4
Filing time
23 Jan 2026, 19:03:04 UTC
Previous filing
15 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Foley Oliver Chief Financial Officer C/O TRUECAR, INC., 225 SANTA MONICA BLVD, 12TH FLOOR, SANTA MONICA /s/ Jeff Swart, by Power of Attorney 23 Jan 2026 0001997734

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUE Common Stock Disposed to Issuer $868,433 -340,562 -100% $2.55 0 21 Jan 2026 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRUE Performance Stock Units Disposed to Issuer $0 -283,611 -100% $0.000000 0 21 Jan 2026 Common Stock 283,611 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Oliver Foley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On January 21, 2026 (the "Effective Time"), pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 14, 2025, by and between TrueCar, Inc., a Delaware corporation (the "Company"), Fair Holdings, Inc., a Delaware corporation ("Parent"), and Rapid Merger Subsidiary, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Subsidiary"), Merger Subsidiary merged with and into the Company, with the Company surviving the Merger as a wholly-owned subsidiary of Parent (the "Merger"). Defined terms not otherwise defined herein shall have the meaning set forth in the Merger Agreement.
F2 Pursuant to the terms of the Merger Agreement, at the Effective Time (i) each outstanding share of Company Stock was canceled and converted into the right to receive $2.55 per share in cash (the "Merger Consideration"), and (ii) each outstanding Company RSU held by the reporting person was canceled in exchange for an amount in cash equal to the Merger Consideration per share of Company Stock underlying each Company RSU, less any applicable withholding taxes.
F3 Pursuant to the terms of the Merger Agreement, at the Effective Time each outstanding Company PSU was canceled without consideration or, in the case of a Company PSU that qualified as a Change in Control Transaction Determined Unit (as determined in accordance with the Performance Unit Award Determination, Vesting and Issuance Criteria attached to the Performance Unit Award Agreement evidencing the award of such Company PSU and reflected herein), was canceled in exchange for an amount in cash equal to the Merger Consideration per share of Company Stock underlying each Company PSU, less any applicable withholding taxes.