CarGurus, Inc. — Director's Dealing 2025

Feb 24, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2025-02-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-20	Class A Common Stock	S	45130	$37.3398	Disposed	517050	Direct
2025-02-20	Class A Common Stock	S	277	$37.9803	Disposed	516773	Direct
2025-02-20	Class A Common Stock	S	5013	$37.3398	Disposed	10064	Indirect
2025-02-20	Class A Common Stock	S	29	$37.9803	Disposed	10035	Indirect
2025-02-21	Class A Common Stock	S	11875	$30.48	Disposed	504898	Direct
2025-02-21	Class A Common Stock	S	8315	$31.1091	Disposed	496583	Direct
2025-02-21	Class A Common Stock	S	372	$32.4381	Disposed	496211	Direct
2025-02-21	Class A Common Stock	S	77	$33.67	Disposed	496134	Direct
2025-02-21	Class A Common Stock	S	1319	$30.48	Disposed	8716	Indirect
2025-02-21	Class A Common Stock	S	923	$31.1091	Disposed	7793	Indirect
2025-02-21	Class A Common Stock	S	41	$32.4381	Disposed	7752	Indirect
2025-02-21	Class A Common Stock	S	9	$33.67	Disposed	7743	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 $36.8966 to $37.8965 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 $37.8966 to $38.155 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 $29.99 to $30.9899 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 $30.99 to $31.9899 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 $31.99 to $32.9899 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 $32.99 to $33.67 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.