---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-265747"
form_type: "8-K"
ticker: "CARG"
cik: "0001494259"
company_name: "CarGurus, Inc."
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:50:26.730867+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CarGurus appoints Elisa Palazzo as CFO effective Dec 4, 2023; Trevisan steps down as principal financial officer

## Summary
- Elisa Palazzo named CFO; brings ~20 years experience from Talkspace, Hudson Executive Capital, and earlier roles.
- Compensation: $390K base salary, target bonus up to $250K, $50K sign-on bonus (recoupable if leave <12 months).
- Equity grant: $2M in RSUs vesting 25% on first anniversary, then quarterly; full acceleration on change of control.
- Relocation expenses up to $150K with recoupment provisions over two years.
- Jason Trevisan will cease serving as principal financial and accounting officer as of the start date.

## SEC filing metadata
- accession: 0001193125-23-265747
- form_type: 8-K
- ticker: CARG
- cik: 0001494259
- company_name: CarGurus, Inc.
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494259/000119312523265747/0001193125-23-265747-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494259/000119312523265747/d569839d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-265747
- JSON: https://secwatch.observer/filing/0001193125-23-265747.json
- Plain text: https://secwatch.observer/filing/0001193125-23-265747.txt

## Key facts
- Executive change
  Elisa Palazzo was appointed as Chief Financial Officer at CarGurus, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On October 30, 2023, CarGurus, Inc. (the “Company”) announced the appointment of Elisa Palazzo as the Company’s Chief Financial Officer in addition to its Principal Financial Officer and Principal Accounting Officer effective as of December 4, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494259/000119312523265747/0001193125-23-265747-index.htm
- Executive change
  Jason Trevisan changed role as Principal Financial Officer and Principal Accounting Officer at CarGurus, Inc..
  - Action: step down
  - Role: Principal Financial Officer and Principal Accounting Officer
  source text: Jason Trevisan, the Company’s Chief Executive Officer, will step down as the Company’s Principal Financial Officer and Principal Accounting Officer effective as of the Start Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1494259/000119312523265747/0001193125-23-265747-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.