CarGurus: Chief product officer Elshareef Ismail sold 5,804 shares

What happened Elshareef Ismail, chief product officer, disposed of a total of 5,804 shares, the filing says: 3,131 shares were withheld to cover tax liability at $29.73 on Oct 1, 2026 for $93,085, and 2,673 shares were sold on the open market at $29.62 on Oct 2, 2026 for $79,174.

Key details

• Transaction dates and prices: Oct 1, 2026 — 3,131 shares at $29.73 (withheld for taxes); Oct 2, 2026 — 2,673 shares at $29.62 (open-market sale).
• Filing date: Oct 5, 2026.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 — shares withheld for payment of tax liability upon vesting of restricted stock units; F2 — the Oct 2 sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

Why it may matter

• The Oct 1 disposition was a tax withholding related to vesting (shares withheld, not a market sale). The Oct 2 transaction was an open-market sale executed under a Rule 10b5-1 plan.
• A filing does not show why the insider traded or why the company acted.