Jason Trevisan - 31 Mar 2023 Form 4 Insider Report for CarGurus, Inc. (CARG)

Signature
Javier Zamora, as attorney-in-fact
Issuer symbol
CARG
Transactions as of
31 Mar 2023
Net transactions value
-$430,985
Form type
4
Filing time
03 Apr 2023, 17:36:03 UTC
Previous filing
17 Feb 2023
Next filing
03 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Tax liability $430,985 -23,072 -3.4% $18.68 655,493 31 Mar 2023 Direct F1
holding CARG Class A Common Stock 29,260 31 Mar 2023 See Footnote
holding CARG Class A Common Stock 50,740 31 Mar 2023 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 These shares are held directly by the Trevisan 2021 Grantor Retained Annuity Trust dated March 12, 2021 (the "GRAT"), of which the Reporting Person is trustee. The Reporting Person's children are the beneficiaries of the GRAT.