Kaufer Stephen 4
4 · CarGurus, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
CarGurus Director Stephen Kaufer Receives 7,339 RSU Award
What Happened
Stephen Kaufer, a director of CarGurus, Inc. (CARG), received a grant of 7,339 restricted stock units (RSUs) on 2026-06-03. The RSUs were reported as an award (code A) with an acquisition price of $0.00; they represent contingent rights to receive shares upon settlement and are not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-03; Form 4 filed 2026-06-04 (timely filing).
- Transaction type/code: Award / Grant (A). Reported acquisition price: $0.00.
- Shares granted: 7,339 RSUs (each RSU equals one share upon settlement).
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs vest 100% on the first anniversary of the grant date subject to continuous service as a director; vesting may accelerate upon a Change in Control per the company’s plan. No tax-withholding or 10b5-1 plan noted.
Context
RSUs are a form of equity compensation that convert into shares when they vest; this grant is compensation for director service rather than a market purchase or sale. Such awards are common and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
Form 4
CarGurus, Inc.CARG
Kaufer Stephen
Director
Transactions
- Award
Class A Common Stock
[F1]2026-06-03+7,339→ 331,278.105 total
Footnotes (1)
- [F1]Represents shares issuable upon settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock. Subject to the Reporting Person's continuous service as a director of the Issuer, 100% of the RSUs will vest on the first anniversary of the grant date. Such vesting may be accelerated in connection with a Change in Control (as defined in the Issuer's Omnibus Incentive Compensation Plan).
Signature
/s/ Suzanne Murray, as attorney-in-fact|2026-06-04