CarGurus (CARG) General Counsel uses 2,604 shares to cover RSU taxes

Rhea-AI Filing Summary

CarGurus, Inc. General Counsel and Secretary Javier Zamora reported a tax-related share disposition. On April 1, 2026, 2,604 shares of Class A common stock were withheld at $33.55 per share to cover tax liabilities upon vesting of restricted stock units. After this withholding, Zamora directly holds 112,275 shares of Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zamora Javier

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	2,604	$33.55	$87K

Holdings After Transaction: Class A Common Stock — 112,275 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 2,604 shares Withholding price per share: $33.55 per share Shares held after transaction: 112,275 shares

3 metrics

Shares withheld for taxes 2,604 shares Withheld for RSU tax liability on April 1, 2026

Withholding price per share $33.55 per share Value used for tax-withholding disposition

Shares held after transaction 112,275 shares Direct Class A common stock holdings after withholding

Key Terms

restricted stock units, tax-withholding disposition, Class A Common Stock

3 terms

restricted stock units financial

"tax liability upon vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Class A Common Stock financial

"security_title": "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Zamora Javier

(Last) (First) (Middle)

1001 BOYLSTON STREET

16TH FLOOR

(Street)

BOSTON MASSACHUSETTS 02115

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CarGurus, Inc. [ CARG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/01/2026		F(1)		2,604	D	$33.55	112,275	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld for payment of tax liability upon vesting of restricted stock units.

	/s/ Ariel Borgendale, as attorney-in-fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CarGurus (CARG) report for Javier Zamora?

CarGurus reported that General Counsel and Secretary Javier Zamora had 2,604 shares of Class A common stock withheld. The shares were used to pay tax liabilities triggered by the vesting of restricted stock units, rather than representing an open-market sale of shares.

How many CarGurus (CARG) shares were withheld for Javier Zamora’s taxes?

A total of 2,604 shares of CarGurus Class A common stock were withheld. The withholding price was $33.55 per share and was tied to the vesting of restricted stock units, covering Zamora’s related tax obligations to the authorities.

At what price were Javier Zamora’s CarGurus (CARG) shares withheld?

The 2,604 withheld CarGurus Class A common stock shares were valued at $33.55 per share. This value was used to satisfy tax liabilities arising when Zamora’s restricted stock units vested, according to the Form 4 footnote disclosure.

How many CarGurus (CARG) shares does Javier Zamora hold after this transaction?

Following the tax-withholding transaction, Javier Zamora directly holds 112,275 shares of CarGurus Class A common stock. This figure reflects his position after 2,604 shares were withheld to cover tax liabilities linked to vesting restricted stock units.

Was Javier Zamora’s CarGurus (CARG) Form 4 transaction an open-market sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld to pay Zamora’s tax liability upon vesting of restricted stock units, as explicitly stated in the filing’s footnote, rather than sold on the open market.