Form 4: CarGurus Executive Sells Shares
Insider Transaction (Form 4)
Ismail Elshareef, Chief Product Officer of CarGurus, Inc., sold 8,957 shares of common stock on August 14, 2026 for $38.00 per share.
Summary
- Open-market sale: disposed of 8,957 Class A Common Stock at $38.00 ($340,366) on August 14, 2026; holds 133,737 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $340,366 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Ismail Elshareef — Officer (Chief Product Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-14 | Open-market sale | Class A Common Stock | 8,957 | $38 | $340.4K | 133,737 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Open-market sale (8,957 shares) |
Keywords
insider transaction, Form 4, CARG, CarGurus, Inc., bearish, Ismail Elshareef
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