Ismail Elshareef - 31 Oct 2025 Form 4 Insider Report for CarGurus, Inc. (CARG)

Signature
/s/ Suzanne Murray, as attorney-in-fact
Issuer symbol
CARG
Transactions as of
31 Oct 2025
Transactions value $
-$123,731
Form type
4
Filing time
04 Nov 2025, 16:22:49 UTC
Previous filing
02 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Elshareef Ismail Chief Product Officer 1001 BOYLSTON STREET, 16TH FLOOR, BOSTON /s/ Suzanne Murray, as attorney-in-fact 04 Nov 2025 0002010096

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Tax liability -$80.8K -2.3K -2.31% $35.12 97.1K 31 Oct 2025 Direct F1
transaction CARG Class A Common Stock Sale -$43K -1.23K -1.26% $34.98 95.9K 03 Nov 2025 Direct F2
* 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.