Cars.com (CARS) CFO logs RSU grants and tax-withholding share offsets
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cars.com Inc. Chief Financial Officer Sonia Jain reported equity compensation activity involving the company’s common stock. On March 2, 2026, she had 19,621 and 7,391 shares treated as "disposed" at $8.54 per share, but footnotes explain these shares were retained by the company to cover tax withholding on vested restricted stock units and performance-based units rather than sold in the market.
On the same date, she acquired 26,536 shares through a grant or award at no cost, including shares earned upon vesting of performance awards. After these transactions, her directly held and RSU-inclusive holdings, as reported in the filing’s totals, increased to 243,166 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jain Sonia
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 19,621 | $8.54 | $168K |
| Grant/Award | Common Stock | 26,536 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,391 | $8.54 | $63K |
Holdings After Transaction:
Common Stock — 224,021 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. Shares of common stock earned upon vesting of performance awards. The shares of common stock underlying the performance-based restricted stock units (PSUs) being reported as "disposed" were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of PSUs.
FAQ
What insider transactions did CARS CFO Sonia Jain report on March 2, 2026?
Sonia Jain reported equity compensation-related transactions on March 2, 2026. She had shares withheld by Cars.com Inc. to cover tax obligations on vesting RSUs and performance units, and received a grant of 26,536 common shares at no cost as part of her compensation.
How does the CARS Form 4 distinguish between acquisitions and dispositions for Sonia Jain?
The CARS Form 4 shows both acquisitions and dispositions. One transaction is coded "A" as a grant or award acquisition, while two are coded "F" as tax-withholding dispositions, where shares were retained by the company to meet tax liabilities on vested equity awards.