secwatch.observer — SEC 8-K summary
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Issuer:     CarGurus, Inc. (CARG)
CIK:        0001494259
Form:       8-K
Filed at:   2021-11-18T23:59:59+00:00
Accession:  0001193125-21-333880
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CarGurus hires Dafna Sarnoff as CMO; Sarah Welch steps down with severance
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- Dafna Sarnoff appointed Chief Marketing Officer, effective Dec 8, 2021.
- Sarah Welch stepped down as CMO on Nov 15, 2021; employment continues through Dec 3, 2021.
- Welch receives severance including 9 months base salary, FY 2021 bonus, RSU cash value, plus $25,000.
- Company pays employer portion of medical/dental premiums until Aug 31, 2022 or new coverage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494259/000119312521333880/0001193125-21-333880-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494259/000119312521333880/d238632d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-333880

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer