CarGurus, Inc. — Director's Dealing 2024

Dec 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2024-12-18

Reporting Person: Steinert Langley (Director, Executive Chair, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-18	Class A Common Stock	S	18239	$36.4355	Disposed	1025036	Direct
2024-12-18	Class A Common Stock	S	26451	$37.7998	Disposed	998585	Direct
2024-12-18	Class A Common Stock	S	716	$38.09	Disposed	997869	Direct
2024-12-18	Class A Common Stock	S	2026	$36.4355	Disposed	65696	Indirect
2024-12-18	Class A Common Stock	S	2938	$37.7998	Disposed	62758	Indirect
2024-12-18	Class A Common Stock	S	79	$38.09	Disposed	62679	Indirect
2024-12-19	Class A Common Stock	S	45203	$36.2834	Disposed	952666	Direct
2024-12-19	Class A Common Stock	S	203	$36.98	Disposed	952463	Direct
2024-12-19	Class A Common Stock	S	5021	$36.2834	Disposed	57658	Indirect
2024-12-19	Class A Common Stock	S	22	$36.98	Disposed	57636	Indirect
2024-12-20	Class A Common Stock	S	45406	$36.25	Disposed	907057	Direct
2024-12-20	Class A Common Stock	S	5043	$36.25	Disposed	52593	Indirect

Footnotes

F1: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.08 to $37.07 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.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.08 to $38.07 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.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.08 to $38.105 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.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.08 to $37.07 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.

F6: 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.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.08 to $38.07 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.

F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.08 to $38.105 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.

F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.96 to $36.95 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.

F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.96 to $36.98 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.

F11: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.96 to $36.95 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.

F12: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.96 to $36.98 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.

F13: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.848 to $36.574 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.

F14: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.848 to $36.574 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.