A Form 4 filed with the SEC on August 14, 2026, discloses that Greg M. Schwartz, a director of CarGurus, Inc. (NASDAQ:CARG), sold 10,000 shares of Class A Common Stock on August 12, 2026.

Key Highlights

  • Reporting person: Greg M. Schwartz, identified as a Director of CarGurus, Inc.
  • Transaction: 10,000 shares of Class A Common Stock disposed of (transaction code S) on August 12, 2026.
  • Weighted average price: $36.07 per share, with individual sale prices ranging from $36.04 to $36.14 per share, inclusive.
  • Remaining ownership: 8,716 shares of Class A Common Stock held directly following the transaction.
  • Filing date: August 14, 2026, signed by Suzanne Murray as attorney-in-fact.

Director Sale Details and Post-Transaction Ownership for CarGurus

According to the filing, Greg M. Schwartz, a director of CarGurus, Inc., sold 10,000 shares of the company's Class A Common Stock on August 12, 2026. The transaction is recorded with code "S," indicating an open-market sale. The reported price of $36.07 per share is described in the filing as a weighted average, as the shares were sold across multiple transactions.

The filing notes that the individual sale prices ranged from $36.04 to $36.14 per share, inclusive. The filing further states that "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." No derivative securities transactions were reported in Table II of the form.

Following the reported transaction, Schwartz directly holds 8,716 shares of CarGurus Class A Common Stock, according to the filing. No indirect ownership positions were reported. The form was filed by one reporting person and was signed by Suzanne Murray as attorney-in-fact on August 14, 2026. No Rule 10b5-1 plan box was checked in the filing.

What Was Disclosed

The Form 4 discloses a sale of 10,000 shares of CarGurus Class A Common Stock by director Greg M. Schwartz on August 12, 2026, at a weighted average price of $36.07, leaving him with a direct holding of 8,716 shares.