Sarnoff Dafna 4

What Happened Dafna Sarnoff, Chief Marketing Officer of CarGurus, sold 5,445 shares on April 2, 2026 at $33.04 per share, generating approximately $179,903 in proceeds. The sale is reported on a Form 4 filed April 6, 2026 and is coded as a sale (S).

Key Details

• Transaction date and price: Apr 2, 2026 — 5,445 shares at $33.04/share — total ≈ $179,903
• Transaction type: Open-market sale (Form 4 code S)
• Footnote: Sale effected pursuant to a Rule 10b5-1 trading plan (prearranged plan)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing date and timeliness: Form 4 filed Apr 6, 2026 — filing appears timely (within required reporting window)

Context A Rule 10b5-1 trading plan allows insiders to sell shares according to a preset schedule and is commonly used to avoid questions about trade timing. Sales under such plans are often routine and do not, by themselves, indicate a change in an insider’s view of the company.