Cars.com (CARS) CFO Sonia Jain sells 86,600 shares, keeps 312,833
Rhea-AI Filing Summary
Cars.com Inc. Chief Financial Officer Sonia Jain reported open-market sales of common stock in two transactions. She sold 52,579 shares at a weighted average price of $9.56 per share on June 11, 2026, and 34,021 shares at a weighted average price of $9.49 per share on June 12, 2026. The prices reflect multiple trades within disclosed ranges around each average. Following these sales, she directly owns 312,833 shares of Cars.com common stock, a position that includes RSUs.
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Insights
CFO executes two open-market sales but retains a substantial equity stake.
CFO Sonia Jain conducted two open-market sales totaling 86,600 Cars.com common shares at weighted average prices of $9.56 and $9.49. These are straightforward non-derivative transactions, with no related option exercises disclosed in this filing.
After the transactions, Jain still directly holds 312,833 shares, including RSUs, indicating a continuing large equity position. Prices are reported as weighted averages across ranges, a standard practice that does not change the basic economic picture but reflects multiple execution fills.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 34,021 | $9.49 | $323K |
| Sale | Common Stock | 52,579 | $9.56 | $503K |
Footnotes (1)
- The sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $9.44 to $9.65, inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within such range upon request to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission. Includes RSUs. The sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $9.43 to $9.56, inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within such range upon request to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission.