Elshareef Ismail 4

What Happened Elshareef Ismail, Chief Product Officer of CarGurus (CARG), had 2,106 shares withheld to satisfy tax withholding on vested restricted stock units (RSUs). The withholding was recorded on July 1, 2026, at a per-share value of $35.14, for a total value of approximately $74,005. This was a tax-withholding disposition (code F), not an open-market sale or a purchase.

Key Details

• Transaction date and price: July 1, 2026 — 2,106 shares withheld at $35.14 per share.
• Total value of shares withheld: ~$74,005.
• Transaction type/code: F — payment of tax liability (shares withheld).
• Footnote: Shares were withheld to pay taxes upon vesting of restricted stock units (F1 in the filing).
• Filing: Form 4 filed July 2, 2026 (accession 0001494259-26-000051). The filing date appears timely relative to the transaction.
• Shares owned after transaction: Not reported in the summary provided.

Context Withholding shares to cover taxes on RSU vesting is a routine administrative step and does not necessarily signal insider sentiment about the company. This is effectively a non-cash, internal disposition where the company retains a portion of vested shares to meet tax obligations rather than the insider selling shares on the open market. For investors, purchases or open-market sales typically carry more direct informative weight about insider views.