Cars.com (CARS) CEO receives 344,150 RSU grant, lifting holdings to 577,977 shares

Rhea-AI Filing Summary

Hartmann Tobias reported acquisition or exercise transactions in this Form 4 filing.

Cars.com Inc. reported that CEO and director Tobias Hartmann received a grant of 344,150 shares of Common Stock in the form of restricted stock units (RSUs). These RSUs were granted under the Cars.com Inc. Omnibus Incentive Compensation Plan and are subject to vesting.

Each RSU represents the right to receive one share of Cars.com common stock. Following this award, Hartmann’s directly held position, including RSUs, totals 577,977 shares, reflecting a compensation-related equity grant rather than an open‑market purchase.

Insights

Executive compensation analyst

CEO received a large RSU equity grant as routine compensation.

CEO Tobias Hartmann was granted 344,150 RSUs, with each unit representing one share of Cars.com common stock. The award comes under the company’s Omnibus Incentive Compensation Plan and is explicitly described as a restricted stock unit grant subject to vesting.

This is a compensation-driven equity acquisition, not an open-market purchase, so it carries weaker signaling value about management’s view of valuation. After the grant, Hartmann holds 577,977 shares directly, including RSUs, indicating a sizeable ongoing equity stake aligned with shareholder outcomes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hartmann Tobias

(Last) (First) (Middle)

C/O CARS.COM INC.

300 S. RIVERSIDE PLAZA, SUITE 1100

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cars.com Inc. [ CARS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		A		344,150(1)	A	$0	577,977(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock units ("RSUs") granted under the Cars.com Inc. (the "Company") Omnibus Incentive Compensation Plan, subject to vesting. Each RSU represents a right to receive one share of the Company's common stock.

2. Includes RSUs.

	/s/Angelique Strong Marks, as Attorney-in-Fact for Tobias Hartmann	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Cars.com (CARS) CEO Tobias Hartmann report in this Form 4?

CEO Tobias Hartmann reported receiving a grant of 344,150 restricted stock units. These RSUs are part of his equity compensation and increase his total directly held position, including RSUs, to 577,977 shares of Cars.com common stock.

Is the Cars.com (CARS) CEO Form 4 transaction a stock purchase or a grant?

The transaction is a grant of restricted stock units, not an open-market stock purchase. It is coded as an acquisition (A) representing a compensation-related award under the Cars.com Inc. Omnibus Incentive Compensation Plan, with no cash paid per share.

How many shares did Tobias Hartmann hold after the reported Cars.com (CARS) RSU grant?

After the RSU grant, Tobias Hartmann directly held a total of 577,977 shares of Cars.com common stock. This figure explicitly includes restricted stock units, which each represent the right to receive one share of common stock upon vesting.

What are the key terms of the Cars.com (CARS) RSUs granted to the CEO?

The RSUs were granted under the Cars.com Inc. Omnibus Incentive Compensation Plan and are subject to vesting. Each restricted stock unit represents a right to receive one share of the company’s common stock, aligning the CEO’s compensation with future company performance.

Did the Cars.com (CARS) CEO pay anything per share for the RSU grant?

No, the RSU grant shows a transaction price of $0.0000 per share. This indicates a compensatory equity award rather than an open-market purchase, consistent with typical restricted stock unit grants made under an incentive compensation plan.