Jason Trevisan - 01 Oct 2025 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role: Chief Executive Officer, Director
Signature: /s/ Suzanne Murray, as attorney-in-fact
Issuer symbol: CARG
Transactions as of: 01 Oct 2025
Net transactions value: -$705,264
Form type: 4
Filing time: 02 Oct 2025, 17:07:15 UTC
Previous filing: 03 Jul 2025
Next filing: 12 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Trevisan Jason	Chief Executive Officer, Director	1001 BOYLSTON STREET, 16TH FLOOR, BOSTON	/s/ Suzanne Murray, as attorney-in-fact	02 Oct 2025	0001718636

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CARG	Class A Common Stock	Tax liability	$705,264	-18,782	-2.6%	$37.55	690,483	01 Oct 2025	Direct	F1
holding	CARG	Class A Common Stock						80,000	01 Oct 2025	See Footnote	F2
holding	CARG	Class A Common Stock						200,000	01 Oct 2025	See Footnote	F3

* 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 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.
F3	These shares are held directly by 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.