Company: TRUE
Filing Date: 2025-08-29
Form Type: 8-K
Source: 0001327318-25-000040
Chunk: 0

Company: TrueCar, Inc.
Filing Date: 2025-08-29
Form: 8-K
Item: Item 5.02
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Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Chief Revenue Officer Separation

On August 28, 2025, TrueCar, Inc. (the “ Company”) terminated the employment of Jay Ku, the Company’s Chief Revenue Officer, without cause, effective September 1, 2025. In connection with Mr. Ku’s termination, the Company anticipates entering into a release and separation agreement with Mr. Ku which contains a release of claims against the Company by Mr. Ku and provides for severance benefits consistent with the Employment Agreement, dated February 10, 2023, by and between Mr. Ku and the Company, in connection with a termination without caus e.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  TRUECAR, INC.                     
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  /s/ Jeff Swart                    
  Jeff Swart                        
  EVP, General Counsel & Secretary