CarGurus, Inc. — Director's Dealing 2025

Mar 20, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2025-03-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-18	Class A Common Stock	S	20004	$30.2851	Disposed	1159683	Direct
2025-03-18	Class A Common Stock	S	636	$30.9367	Disposed	1159047	Direct
2025-03-18	Class A Common Stock	S	2221	$30.2851	Disposed	72540	Indirect
2025-03-18	Class A Common Stock	S	70	$30.9367	Disposed	72470	Indirect
2025-03-19	Class A Common Stock	S	19694	$30.1313	Disposed	1139353	Direct
2025-03-19	Class A Common Stock	S	946	$30.8121	Disposed	1138407	Direct
2025-03-19	Class A Common Stock	S	2187	$30.1313	Disposed	70283	Indirect
2025-03-19	Class A Common Stock	S	104	$30.8121	Disposed	70179	Indirect
2025-03-20	Class A Common Stock	S	19706	$30.1226	Disposed	1118701	Direct
2025-03-20	Class A Common Stock	S	934	$30.5333	Disposed	1117767	Direct
2025-03-20	Class A Common Stock	S	2188	$30.1226	Disposed	67991	Indirect
2025-03-20	Class A Common Stock	S	103	$30.5333	Disposed	67888	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 $29.90 to $30.8999 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 $30.90 to $31.09 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 $29.775 to $30.7749 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 $30.775 to $30.89 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 $29.515 to $30.5149 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 $30.515 to $30.5472 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.