Cars.com (NYSE: CARS) awards 25,478 RSUs to director Scott Forbes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORBES SCOTT E reported acquisition or exercise transactions in this Form 4 filing.
Cars.com Inc. director Scott E. Forbes received a grant of 25,478 restricted stock units (RSUs) of common stock on June 5, 2026 under the company’s Omnibus Incentive Compensation Plan. The RSUs are subject to vesting, and each RSU represents one share. Following this award, Forbes holds 218,866 shares, including RSUs, directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FORBES SCOTT E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,478 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 218,866 shares (Direct, null)
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.
Key Figures
RSUs granted: 25,478 shares
Post-transaction holdings: 218,866 shares
Grant price: $0.0000 per share
3 metrics
RSUs granted
25,478 shares
Restricted stock units granted on June 5, 2026
Post-transaction holdings
218,866 shares
Total direct holdings after RSU grant, includes RSUs
Grant price
$0.0000 per share
Indicates no cash paid by director for RSU award
Key Terms
Restricted stock units, Omnibus Incentive Compensation Plan, Grant, award, or other acquisition
3 terms
Restricted stock units financial
"Restricted stock units ("RSUs") granted under the Cars.com Inc. Omnibus Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Omnibus Incentive Compensation Plan financial
"RSUs granted under the Cars.com Inc. (the "Company") Omnibus Incentive Compensation Plan"
An omnibus incentive compensation plan is a single, flexible program that lets a company grant different kinds of pay — such as cash bonuses, stock options, restricted stock, or performance awards — to employees, executives and directors. Investors care because the plan affects how much ownership can be given away (dilution), how much the company spends on pay, and whether executives’ goals are aligned with shareholders, much like a menu that decides what rewards staff can pick and how costly they are.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Cars.com (CARS) director Scott E. Forbes report in this Form 4?
Scott E. Forbes reported receiving 25,478 restricted stock units of Cars.com common stock. These RSUs were granted as a compensation award and increase his total direct holdings to 218,866 shares, according to the filing’s post-transaction ownership figure.
Is the Cars.com (CARS) transaction a stock purchase or a compensation grant?
The transaction is a compensation grant, not a market purchase. The Form 4 uses code “A” and describes it as a grant or award acquisition of restricted stock units, which are issued at no cash cost to the director and subject to vesting conditions.
What are the key terms of the RSUs granted to the Cars.com (CARS) director?
The RSUs were granted under the Cars.com Inc. Omnibus Incentive Compensation Plan and are subject to vesting. Each restricted stock unit represents the right to receive one share of Cars.com common stock upon vesting, as stated in the Form 4 footnotes.
Does the Form 4 indicate any stock sales by the Cars.com (CARS) director?
The Form 4 does not report any stock sales by Scott E. Forbes. It shows one acquisition transaction coded as a grant or award of restricted stock units, with no sell transactions or dispositions listed in the transaction summary for this filing.