Hanson Jennifer Ladd 4

What Happened

Jennifer Ladd Hanson, Chief People Officer of CarGurus, had 1,039 shares withheld on 2026-03-30 to satisfy tax obligations related to the vesting of restricted stock units (RSUs). The filing reports the shares were disposed at an effective price of $35.28 each, for a total value of approximately $36,656. This was a tax-withholding disposition (routine), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-30 (reported on Form 4 filed 2026-03-31; Accession 0001494259-26-000022)
• Action/type: Tax withholding upon RSU vesting (transaction code F); described as "Disposed" via share withholding
• Shares withheld/disposed: 1,039 at $35.28 per share — total ≈ $36,656
• Footnote: F1 — shares withheld to pay tax liability upon vesting of restricted stock units
• Shares owned after transaction: Not specified in the provided filing excerpt
• Timeliness: Filing covers the 2026-03-30 transaction and was filed 2026-03-31; no late-filing flag noted in the provided data

Context

Tax-withholding dispositions are common when RSUs vest and do not necessarily indicate insider sentiment about the stock — they are a method to satisfy tax obligations rather than a cash-generating sale. This transaction is informational for shareholders but not typically treated as a directional trading signal.