Zales Samuel, the Chief Operating Officer and President of CarGurus, Inc., recently sold 10,000 shares of the company's Class A common stock. This transaction occurred on November 2, 2026, and was reported in a filing submitted to the SEC on November 3, 2026.

This sale is part of a Rule 10b5-1 trading plan, which allows executives to sell shares at predetermined times to avoid allegations of insider trading. Following this transaction, Zales Samuel now owns 419,735 shares of CarGurus.

Background

CarGurus, Inc., identified by the Central Index Key (CIK) 0001494259, is a company incorporated in Delaware. It operates in the services sector, specifically within the computer processing and data preparation industry. The company has undergone recent name changes, previously known as Cargurus LLC.

What the Filing Says

The filing notes that Zales Samuel's sale of shares was executed at a price of $32.33 per share. The transaction code indicates that this was a disposal of shares, reflecting a strategic decision by the executive.

Impact

This sale may impact investor perceptions of CarGurus, as executive transactions can influence market sentiment. Additionally, it may set a precedent for other executives in the computer processing and data preparation sector to engage in similar trades.

What's Next

The filing does not say what happens next.