CarGurus, Inc.·4

Jul 2, 4:12 PM ET

Quinn Matthew Todd 4

Research Summary

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CarGurus (CARG) CTO Quinn Todd Withholds 9,128 Shares for Taxes

What Happened
Quinn Matthew Todd, Chief Technology Officer of CarGurus, had 9,128 shares withheld to satisfy tax withholding associated with the vesting of restricted stock units (RSUs). The withholding was recorded as a disposition at $35.14 per share, totaling approximately $320,758. This was a tax-withholding transaction (code F), not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-07-01; Price: $35.14 per share; Total value withheld: ~$320,758.
  • Transaction type: F — shares withheld to pay tax liability upon RSU vesting (per filing footnote F1).
  • Shares owned after the transaction: not disclosed in the provided filing excerpt.
  • Filing: Form 4 filed with accession 0001494259-26-000052 on 2026-07-02; no late filing indicated.

Context
Shares withheld for tax purposes are routine when RSUs vest and do not represent a deliberate open-market sale or purchase decision by the insider. Transaction code F signals a tax-withholding disposition rather than trading activity intended to express sentiment.