CARS CFO reports code F RSU tax withholding at $12.33
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cars.com (CARS) Chief Financial Officer Sonia Jain filed a Form 4 reporting a tax-withholding-related disposition. On 10/01/2025, the Company retained 29,226 shares of common stock (transaction code F) to satisfy taxes upon RSU vesting at $12.33 per share. This was not an open‑market sale.
Following the transaction, Jain beneficially owns 255,042 shares, which include RSUs and 3,009 shares acquired under the Employee Stock Purchase Plan. Ownership is reported as direct.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jain Sonia
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 29,226 | $12.33 | $360K |
Holdings After Transaction:
Common Stock — 255,042 shares (Direct)
Footnotes (1)
- The shares of common stock underlying restricted stock units ("RSUs") that are being reported as "disposed" were retained (but not issued) by Cars.com Inc. (the "Company") in satisfaction of tax withholding obligations associated with the vesting of RSUs. Includes RSUs. Also includes 3,009 shares of common stock acquired pursuant to the Company's Employee Stock Purchase Plan.
FAQ
What did Cars.com (CARS) disclose in this Form 4?
The CFO reported a code F disposition where 29,226 shares were retained by the Company at $12.33 to cover RSU tax withholding.
Who is the reporting person in CARS’s Form 4?
Chief Financial Officer Sonia Jain.
When did the transaction occur for CARS?
On 10/01/2025.
What does transaction code F indicate here?
Code F indicates shares were withheld or retained to satisfy tax obligations upon vesting of RSUs.
Was this an open-market sale of CARS stock?
No. The shares were retained by the Company to cover taxes; it was not an open-market sale.