CarGurus, Inc. Chief Product Officer Ismail Elshareef filed a Form 4 on November 3, 2026, disclosing two transactions in Class A Common Stock on October 30 and November 2, 2026.

Key Highlights

  • Tax withholding: 2,299 shares of Class A Common Stock were withheld on October 30, 2026, at $32.18 per share for payment of tax liability upon vesting of restricted stock units.
  • Open-market sale: 1,964 shares were sold on November 2, 2026, at $32.33 per share pursuant to a Rule 10b5-1 trading plan.
  • Remaining holdings: Following both transactions, Elshareef directly owned 123,670 shares of Class A Common Stock.
  • Rule 10b5-1 plan: The November 2 sale was effected under a pre-adopted Rule 10b5-1 trading plan, according to the filing.
  • Signatory: The form was signed by Suzanne Murray as attorney-in-fact on November 3, 2026.

Elshareef's Two-Transaction Disclosure at CarGurus

According to the Form 4 filed with the SEC on November 3, 2026, Ismail Elshareef, Chief Product Officer of CarGurus, Inc. (NASDAQ:CARG), reported two changes in beneficial ownership of Class A Common Stock occurring on consecutive business days. The filing covers transactions dated October 30 and November 2, 2026.

The first transaction, coded "F," involved 2,299 shares disposed of at $32.18 per share on October 30, 2026. The filing's footnote explains these shares were "withheld for payment of tax liability upon vesting of restricted stock units," leaving Elshareef with a direct holding of 125,634 shares following that transaction.

The second transaction, coded "S," involved the sale of 1,964 shares at $32.33 per share on November 2, 2026. The filing states this sale "was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person." After this sale, Elshareef's directly held position stood at 123,670 shares. No derivative securities were reported in Table II of the filing.

What Was Disclosed

CarGurus Chief Product Officer Ismail Elshareef disclosed two dispositions of Class A Common Stock: a tax-related share withholding of 2,299 shares at $32.18 and a Rule 10b5-1 plan sale of 1,964 shares at $32.33, leaving him with 123,670 shares directly held.