Zamora Javier 4
Research Summary
AI-generated summary
CarGurus (CARG) GC Javier Zamora Sells 2,604 Shares
What Happened Javier Zamora, General Counsel and Secretary of CarGurus (CARG), had 2,604 shares withheld to satisfy tax withholding on vested restricted stock units (RSUs). The withholding is reported as a disposition at $33.55 per share, totaling $87,364. This is a routine tax-withholding event rather than an open-market sale or a purchase.
Key Details
- Transaction date and price: 2026-04-01 — 2,604 shares withheld at $33.55 per share (total ~$87,364).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: F1 — shares withheld for payment of tax liability upon vesting of RSUs.
- Filing timeliness: Reported on 2026-04-02 for a 2026-04-01 transaction (filed within the standard Form 4 reporting window).
Context Tax-withholding on RSU vesting (often called "sell-to-cover" or share-withholding) is a common administrative action and typically does not signal insider sentiment about the company. It reduces the insider's issued share count but is not the same as an intentional market sale.