CarGurus, Inc.·4

Jun 29, 4:06 PM ET

Zamora Javier 4

4 · CarGurus, Inc. · Filed Jun 29, 2026

Research Summary

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CarGurus (CARG) General Counsel Javier Zamora Sells Shares

What Happened
Javier Zamora, General Counsel and Secretary of CarGurus (CARG), sold a total of 3,532 shares in open-market transactions on June 26, 2026, generating roughly $115,253 in proceeds. The filings show two sales: 3,367 shares at a weighted average price of $32.61 (≈ $109,798) and 165 shares at a weighted average price of $33.06 (≈ $5,455). These were dispositions (sales), which are typically routine liquidity events rather than affirmative bullish signals.

Key Details

  • Transaction date: 2026-06-26 (both sales); filing date: 2026-06-29 (timely filed within required business days).
  • Shares sold: 3,367 @ weighted avg $32.61 (footnote F2; per-share prices ranged $32.00–$32.89) and 165 @ weighted avg $33.06 (footnote F3; per-share prices ranged $33.035–$33.10).
  • Total shares sold: 3,532; total proceeds ≈ $115,253.
  • Footnotes: F1 indicates the 3,367-share sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. F2/F3 note weighted-average pricing and provide per-price breakdowns on request.
  • Shares owned after the transaction: not specified in the information provided here (check the full Form 4 for post-transaction holdings).
  • Filing timeliness: Filed June 29 for a June 26 trade — within the Form 4 two-business-day reporting window (timely).

Context

  • A 10b5-1 trading plan (noted for the larger sale) means the trades may have been pre-scheduled and executed under an established plan, which is a common way insiders sell shares without active timing.
  • Sales by executives are often routine (liquidity/tax planning) and do not by themselves indicate company performance or insider sentiment. Purchases generally carry stronger informational weight for investors.
  • For specifics (exact number of shares at each price point), the filing notes that per-price breakdowns are available on request to the SEC staff, the issuer, or any security holder.

Insider Transaction Report

Form 4
Period: 2026-06-26
Zamora Javier
General Counsel and Secretary
Transactions
  • Sale

    Class A Common Stock

    [F1][F2]
    2026-06-26$32.61/sh3,367$109,79899,694 total
  • Sale

    Class A Common Stock

    [F1][F3]
    2026-06-26$33.06/sh165$5,45599,529 total
Footnotes (3)
  • [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  • [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.89 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
  • [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.035 to $33.10 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
Signature
/s/ Suzanne Murray, as attorney-in-fact|2026-06-29

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT