Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CARG | Class A Common Stock | Gift | $0 | -200K | -26.81% | $0.00 | 546K | Mar 14, 2025 | Direct | F1 |
transaction | CARG | Class A Common Stock | Gift | $0 | +200K | $0.00 | 200K | Mar 14, 2025 | See Footnote | F1, F2 | |
transaction | CARG | Class A Common Stock | Award | $0 | +209K | +38.24% | $0.00 | 755K | Mar 17, 2025 | Direct | F3 |
holding | CARG | Class A Common Stock | 80K | Mar 14, 2025 | See Footnote | F4 |
Id | Content |
---|---|
F1 | On March 14, 2025, the Reporting Person transferred 200,000 shares of the Issuer's Class A Common Stock to the Trevisan 2025 Grantor Retained Annuity Trust dated March 13, 2025 (the "GRAT"), of which the Reporting Person is trustee. The Reporting Person's children are the beneficiaries of the GRAT. |
F2 | These shares are held directly by the Trevisan 2025 GRAT, of which the Reporting Person is trustee. The Reporting Person's children are the beneficiaries of the GRAT. |
F3 | Represents shares issuable upon settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuous service as an employee of the Issuer, 6.25% of the RSUs will vest on April 1, 2025 and 6.25% of the RSUs will vest on the first day of each three-month period thereafter until January 1, 2029. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan). |
F4 | 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. |