Elshareef Ismail 4

What Happened Elshareef Ismail, Chief Product Officer of CarGurus (CARG), had 1,900 shares withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The withholding was recorded at $33.55 per share, totaling approximately $63,745. This was a tax-withholding disposition (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-02 (appears timely).
• Shares withheld/disposed: 1,900 at $33.55 each; total value ~$63,745.
• Transaction code: F — shares withheld for tax liability on vesting.
• Footnote: F1 — "Shares withheld for payment of tax liability upon vesting of restricted stock units."
• Shares owned after the transaction: not specified in the Form 4.

Context Withholding shares to cover taxes on vested RSUs is a common, routine administrative action and does not necessarily indicate a personal decision to sell for investment reasons. It’s a cashless settlement method where the company retains shares to satisfy the tax obligation.