Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Jun 9, 2026
Reporting period
Not applicable
Filed with the SEC
Jun 11, 2026
ChairOption exercise
Context
Classification
option exercise
Code C — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001494259-26-000047
Filed / recorded
Jun 11, 2026, 12:30 AM UTC
Added to OQRO
Oct 6, 2026, 10:14 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
CarGurus, Inc.
Issuer CIK
1494259
Ticker
CARG
Reporting person
Langley Steinert
Relationship
Director, Officer, 10% owner
Officer title
Executive Chair
Security
Class B Common Stock
Table
Derivative (Table II)
Transaction date
Jun 9, 2026
Transaction code
C
Shares / units
377,639
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
12,144,424
Ownership form
Direct
Amendment
No
Footnotes from the filing
Each share of Class B Common Stock has no expiration date and is convertible into one share of Class A Common Stock at the option of the Reporting Person or automatically either upon the transfer of such share of Class B Common Stock, except for certain transfers described in the Issuer's amended and restated certificate of incorporation, or upon the date falling after the first to occur of the death of Langley Steinert, Langley Steinert's voluntary termination of all employment with the Issuer and service on the Issuer's board of directors or the sum of the number of shares of the Issuer's capital stock held by Langley Steinert and any Family Member or Permitted Entity of Langley Steinert (as such terms are defined in the Issuer's amended and restated certificate of incorporation), assuming the exercise and settlement in full of all outstanding options and convertible securities and calculated on an as-converted to Class A Common Stock basis, being less than 9,091,484 shares.
Represents the conversion of Class B Common Stock into Class A Common Stock at the Reporting Person's election.