Jennifer Ladd Hanson - 30 Sep 2025 Form 4 Insider Report for CarGurus, Inc. (CARG)

Signature
/s/ Suzanne Murray, as attorney-in-fact
Issuer symbol
CARG
Transactions as of
30 Sep 2025
Net transactions value
-$532,241
Form type
4
Filing time
02 Oct 2025, 16:53:08 UTC
Previous filing
03 Jul 2025
Next filing
03 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hanson Jennifer Ladd Chief People Officer 1001 BOYLSTON STREET, 16TH FLOOR, BOSTON /s/ Suzanne Murray, as attorney-in-fact 02 Oct 2025 0002039704

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Tax liability $154,653 -4,154 -6% $37.23 64,805 30 Sep 2025 Direct F1
transaction CARG Class A Common Stock Sale $368,726 -9,998 -15% $36.88 54,807 01 Oct 2025 Direct F2
transaction CARG Class A Common Stock Tax liability $8,862 -236 -0.43% $37.55 54,571 01 Oct 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Shares withheld for payment of tax liability upon vesting of restricted stock units.
F2 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.