Filing Details
- Accession Number:
- 0001127602-25-006886
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-26 16:58:10
- Reporting Period:
- 2025-02-24
- Filing Date:
- 2025-02-26
- Accepted Time:
- 2025-02-26 16:58:10
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1494259 | Cargurus Inc. | CARG | Services-Computer Processing & Data Preparation (7374) | 043843478 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1719138 | Langley Steinert | 1001 Boylston Street 16Th Floor Boston MA 02115 | Executive Chair | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2025-02-24 | 4,537 | $29.98 | 491,597 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2025-02-24 | 16,102 | $30.90 | 475,495 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2025-02-24 | 503 | $29.98 | 7,240 | No | 4 | S | Indirect | See Footnote |
Class A Common Stock | Disposition | 2025-02-24 | 1,789 | $30.90 | 5,451 | No | 4 | S | Indirect | See Footnote |
Class A Common Stock | Disposition | 2025-02-25 | 8,898 | $30.80 | 466,597 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2025-02-25 | 11,741 | $31.35 | 454,856 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2025-02-25 | 988 | $30.80 | 4,463 | No | 4 | S | Indirect | See Footnote |
Class A Common Stock | Disposition | 2025-02-25 | 1,304 | $31.35 | 3,159 | No | 4 | S | Indirect | See Footnote |
Class A Common Stock | Acquisiton | 2025-02-25 | 693,445 | $0.00 | 1,148,301 | No | 4 | C | Direct | |
Class A Common Stock | Acquisiton | 2025-02-25 | 77,050 | $0.00 | 80,209 | No | 4 | C | Indirect | See Footnote |
Class A Common Stock | Disposition | 2025-02-26 | 20,639 | $31.23 | 1,127,662 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2025-02-26 | 2,292 | $31.23 | 77,917 | No | 4 | S | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Footnote |
No | 4 | S | Indirect | See Footnote |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Footnote |
No | 4 | S | Indirect | See Footnote |
No | 4 | C | Direct | |
No | 4 | C | Indirect | See Footnote |
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Footnote |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | Disposition | 2025-02-25 | 693,445 | $0.00 | 693,445 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2025-02-25 | 77,050 | $0.00 | 77,050 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
12,522,063 | No | 4 | C | Direct | ||
1,693,019 | No | 4 | C | Indirect |
Footnotes
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.57 to $30.5699 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.57 to $31.11 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.
- These shares are owned directly by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, of which the Reporting Person's children are the beneficiaries. The Reporting Person may be deemed to have indirect ownership over such shares, but expressly disclaims beneficial ownership of such shares.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.131 to $31.1309 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.131 to $31.6201 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.
- Represents the conversion of Class B Common Stock into Class A Common Stock at the Reporting Person's election.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.80 to $31.57 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.
- Each share of Class B Common Stock has no expiration date and is convertible into one share of Class A Common Stock at the option of the Reporting Person or automatically either upon the transfer of such share of Class B Common Stock, except for certain transfers described in the Issuer's amended and restated certificate of incorporation, or upon the date falling after the first to occur of the death of Langley Steinert, Langley Steinert's voluntary termination of all employment with the Issuer and service on the Issuer's board of directors or the sum of the number of shares of the Issuer's capital stock held by Langley Steinert and any Family Member or Permitted Entity of Langley Steinert (as such terms are defined in the Issuer's amended and restated certificate of incorporation), assuming the exercise and settlement in full of all outstanding options and convertible securities and calculated on an as-converted to Class A Common Stock basis, being less than 9,091,484 shares.