Cars.com (CARS) Chief Legal Officer awarded 64,603 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marks Angelique Strong reported acquisition or exercise transactions in this Form 4 filing.
Cars.com Inc. reported that Chief Legal Officer Angelique Strong Marks received an equity grant of 64,603 shares of common stock in the form of restricted stock units. The RSUs were granted at no cash cost and are subject to vesting conditions before becoming fully owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marks Angelique Strong
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 64,603 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 207,616 shares (Direct)
Footnotes (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. Includes RSUs.
FAQ
What insider transaction did Cars.com (CARS) report for Angelique Strong Marks?
Cars.com reported that Chief Legal Officer Angelique Strong Marks received a grant of 64,603 restricted stock units. These RSUs represent potential shares of common stock that will be delivered only after specified vesting conditions are satisfied.
What type of securities were granted in the latest Cars.com (CARS) Form 4?
The filing shows a grant of restricted stock units representing Cars.com common stock. Each RSU corresponds to one share of common stock, delivered only after vesting, providing equity-based compensation rather than immediate cash to the executive.
What do the Cars.com (CARS) footnotes say about the RSU grant?
Footnotes explain the award consists of restricted stock units granted under the Cars.com Omnibus Incentive Compensation Plan. Each RSU gives the right to receive one share of common stock, and the units are subject to vesting conditions before settlement.