CarGurus, Inc. — Director's Dealing 2025

Apr 1, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2025-03-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-28	Class A Common Stock	S	19163	$28.8689	Disposed	995404	Direct
2025-03-28	Class A Common Stock	S	1477	$29.667	Disposed	993927	Direct
2025-03-28	Class A Common Stock	S	2127	$28.8689	Disposed	54306	Indirect
2025-03-28	Class A Common Stock	S	164	$29.667	Disposed	54142	Indirect
2025-03-31	Class A Common Stock	S	10785	$28.6453	Disposed	983142	Direct
2025-03-31	Class A Common Stock	S	9855	$29.2182	Disposed	973287	Direct
2025-03-31	Class A Common Stock	S	1196	$28.6453	Disposed	52946	Indirect
2025-03-31	Class A Common Stock	S	1095	$29.2182	Disposed	51851	Indirect
2025-04-01	Class A Common Stock	S	4108	$29.0784	Disposed	969179	Direct
2025-04-01	Class A Common Stock	S	482	$29.0784	Disposed	51369	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 $28.5569 to $29.5568 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 $29.5569 to $29.81 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: 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.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.02 to $29.0199 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: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.02 to $29.39 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.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.82 to $29.37 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.