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CarGurus Executive Compensation (FY25)

CARG · Boston, MA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 4, 2026
197 figures on this page: 190 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Jason Trevisan was paid $7,889,260 in total compensation as Chief Executive Officer and interim Principal Financial Officer, Principal Accounting Officer, and Treasurer for fiscal 2025, and Trevisan's total moved 1.1% higher from the $7,799,583 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 57:1, against median employee compensation of $139,553. Shareholders recorded 94.3% support for the say-on-pay proposal at the meeting held June 3, 2026 for fiscal 2025. The disclosed peer group includes ACI Worldwide, Inc., ACV Auctions Inc., Alarm.com Holdings, Inc., Angi Inc. and Bumble Inc., among others.
Chief executive, fiscal 2025
◇
Jason Trevisan
Latest say-on-pay support
=
June 3, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jason Trevisan: $7,799,583 → $7,889,260 (1.1% higher)
CEO pay ratio: 44.9:1 → 57:1 (27.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is CarGurus' chief executive and what were they paid?
Jason Trevisan was paid $7,889,260 in total compensation as Chief Executive Officer and interim Principal Financial Officer, Principal Accounting Officer, and Treasurer for fiscal 2025. Trevisan's total moved 1.1% higher from the $7,799,583 reported for fiscal 2024.
What was CarGurus' say-on-pay result?
Shareholders recorded 94.3% support for the say-on-pay proposal at the meeting held June 3, 2026 for fiscal 2025.
Which companies are in CarGurus' peer group?
The disclosed peer group includes ACI Worldwide, Inc., ACV Auctions Inc., Alarm.com Holdings, Inc., Angi Inc. and Bumble Inc., among others.
What is CarGurus' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 57:1, against median employee compensation of $139,553.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Trevisan
Chief Executive Officer and interim Principal Financial Officer, Principal Accounting Officer, and Treasurer
Served on an interim basis
◇—◇—◇—◇◇
Zachary Hallowell
Chief Executive Officer, CarOffer
◇◇◇—◇—◇◇
Matthew Quinn
Chief Technology Officer
◇—◇—◇—◇◇
Langley Steinert
Founder and Executive Chair
◇—◇————◇
Elisa Palazzo
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Samuel Zales
President and Chief Operating Officer
◇—◇—◇—◇◇
Jason Trevisan
Chief Executive Officer and interim Principal Financial Officer, Principal Accounting Officer, and Treasurer
Served on an interim basis
◇—◇—◇—◇◇
Matthew Quinn
Chief Technology Officer
◇◇◇—◇—◇◇
Langley Steinert
Founder, Executive Chair, and Chair of the Board of Directors
◇—◇————◇
Ismail Elshareef
Chief Product Officer
◇—◇—◇—◇◇
Elisa Palazzo
Former Chief Financial Officer and Treasurer
◇◇◇—◇——◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Trevisan
Chief Executive Officer and interim Principal Financial Officer, Principal Accounting Officer, and Treasurer
◇—◇—◇—◇◇
Samuel Zales
President and Chief Operating Officer
◇—◇—◇—◇◇
Matthew Quinn
Chief Technology Officer
◇—◇—◇—◇◇
Ismail Elshareef
Chief Product Officer
◇◇◇—◇—◇◇
Langley Steinert
Founder, Executive Chair, and Chair of the Board of Directors
◇—◇———◇◇
Elisa Palazzo
Former Chief Financial Officer and Treasurer
◇———◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Trevisan
Chief Executive Officer and interim Principal Financial Officer, Principal Accounting Officer, and Treasurer
Served on an interim basis
◇—◇—◇—◇◇
Samuel Zales
President and Chief Operating Officer
◇—◇—◇—◇◇
Langley Steinert
Founder, Executive Chair, and Chair of the Board of Directors
◇—◇———◇◇
Matthew Quinn
Chief Technology Officer
◇—◇—◇—◇◇
Elisa Palazzo
Former Chief Financial Officer and Treasurer
Departed during or after this year
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jason TrevisanRSU◇——◇——◇
Langley SteinertRSU◇——◇——◇
Matthew QuinnRSU◇——◇——◇
Samuel ZalesRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Langley SteinertRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Matthew QuinnOption◇—◇01/03/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Samuel ZalesRSU◇◇——
RSU◇◇——
Jason TrevisanRSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lori Hickok
◇◇————◇
Stephen Kaufer
◇◇————◇
Manik Gupta
◇◇————◇
Greg Schwartz
◇◇————◇
Steven Conine
◇◇————◇
Langley Steinert and Jason Trevisan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ACI Worldwide, Inc. ACIW
  • ACV Auctions Inc. ACVA
  • Alarm.com Holdings, Inc. ALRM
  • Angi Inc. ANGI
  • Bumble Inc. BMBL
  • Cars.com Inc. CARS
  • Commvault Systems, Inc. CVLT
  • Envestnet, Inc. ENV
  • Everbridge, Inc. EVBG
  • Flywire Corp. FLYW
  • GoodRx Holdings, Inc. GDRX
  • NetScout Systems, Inc. NTCT
  • OPENLANE, Inc. OPLN
  • Pegasystems Inc. PEGA
  • Rapid7, Inc. RPD
  • Redfin Corporation RDFN
  • Shutterstock, Inc. SSTK
  • Squarespace, Inc. SQSP
  • TripAdvisor, Inc. TRIP
  • Upwork, Inc. UPWK
  • Yelp Inc. YELP
  • ZipRecruiter, Inc. ZIP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 3, 2026=◇◇◇
2024June 4, 2025=◇◇◇
2023June 5, 2024=◇◇◇
2022June 6, 2023=◇◇◇
2021June 7, 2022=◇◇◇
2020June 2, 2021=◇◇◇
2019June 2, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact CarGurus disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where CarGurus sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
197 figures on this page: 190 cited to the filing that reported them, 7 calculated from figures it prints.
190 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001193125-26-257361
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-170400
    2025 Changes to Director Compensation · 2025 Director Compensation Table · 2025 Outstanding Equity Awards at Fiscal Year-End Table · CEO Pay Ratio · and 2 more sections
  3. 0000950170-25-082340
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000950170-25-057382
    Summary Compensation Table
  5. 0000950170-24-069898
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000950170-24-049120
    Summary Compensation Table
  7. 0001193125-23-162512
  8. 0000950170-23-014807
    Summary Compensation Table
  9. 0000950170-22-011341
  10. 0001193125-21-181367
  11. 0001564590-20-028239
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This page is free to cite. Attribution we ask for:
Velarion, “CarGurus executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CARG (accessed 2026).
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers CarGurus discloses

The companies named in CARG's own disclosed peer group.

ACI Worldwide, Inc.Alarm.com Holdings, Inc.Bumble Inc.Commvault Systems, Inc.Flywire Corp.GoodRx Holdings, Inc.NetScout Systems, Inc.Pegasystems Inc.Shutterstock, Inc.TripAdvisor, Inc.Upwork, Inc.ZipRecruiter, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy