Quinn Matthew Todd 4
4 · CarGurus, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
CarGurus (CARG) CTO Quinn Todd Withholds 8,094 Shares for Taxes
What Happened Quinn Matthew Todd, Chief Technology Officer of CarGurus, had 8,094 shares withheld on April 1, 2026 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withheld shares were recorded at $33.55 per share, for a total value of approximately $271,554. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date and price: 2026-04-01, 8,094 shares at $33.55 each.
- Total value withheld: ~$271,554.
- Transaction type/code: F — shares withheld to pay tax liability on vested RSUs (footnote F1).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing: Reported on Form 4 filed 2026-04-02 (timely filing; within the usual two-business-day window).
- Accession: 0001494259-26-000025.
Context Share withholding to cover taxes on vesting RSUs is a routine administrative action and does not represent an open-market sale that signals insider sentiment. For retail investors, purchases and open-market sales usually carry more direct information about an insider’s view; tax-withholding dispositions are primarily to satisfy tax obligations and are common upon vesting.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-04-01$33.55/sh−8,094$271,554→ 250,439 total
Footnotes (1)
- [F1]Shares withheld for payment of tax liability upon vesting of restricted stock units.