Filing Details
- Accession Number:
- 0001127602-25-009842
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-18 17:44:31
- Reporting Period:
- 2025-03-17
- Filing Date:
- 2025-03-18
- Accepted Time:
- 2025-03-18 17:44:31
- 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 | 2025-03-17 | 20,640 | $31.16 | 1,099,379 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2025-03-17 | 2,291 | $31.16 | 74,761 | No | 4 | S | Indirect | See Footnote |
Class A Common Stock | Acquisiton | 2025-03-17 | 80,308 | $0.00 | 1,179,687 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Footnote |
No | 4 | A | Direct |
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 $30.78 to $31.44 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.
- Represents shares issuable upon settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuous service as an employee of the Issuer, 6.25% of the RSUs will vest on April 1, 2025 and 6.25% of the RSUs will vest on the first day of each three-month period thereafter until January 1, 2029. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan).