Cars.com (CARS) legal chief unloads nearly 58K shares

Rhea-AI Filing Summary

Cars.com Inc. (CARS) reported that Marks Angelique Strong, its Chief Legal Officer, sold 57,980 shares of common stock on 2026-08-17 in an open-market transaction at a weighted average price of $11.94 per share, with individual sale prices ranging from $11.83 to $12.05. Following this sale, she directly holds 149,636 shares of Cars.com common stock, which include restricted stock units (RSUs).

Insider Trade Summary

Net Seller: 57,980 shares

Net Sell 1 txn

Insider Marks Angelique Strong

Role Chief Legal Officer

Sold 57,980 shs ($692K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	57,980	$11.94	$692K

Holdings After Transaction: Common Stock — 149,636 shares (Direct)

Footnotes (2)

1. F1. The sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $11.83 to $12.05, 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.
2. F2. Includes RSUs.

Key Figures

Shares sold: 57,980 shares Weighted average sale price: $11.94 per share Price range: $11.83–$12.05 per share +1 more

4 metrics

Shares sold 57,980 shares Non-derivative common stock sale on 2026-08-17 by Chief Legal Officer

Weighted average sale price $11.94 per share Open-market or private sale with prices from $11.83 to $12.05

Price range $11.83–$12.05 per share Range of individual transaction prices within the reported sale

Shares owned after sale 149,636 shares Direct holdings after the transaction, including RSUs

Key Terms

weighted average price, RSUs, Rule 10b5-1

3 terms

weighted average price financial

"The sales price is a weighted average price. Shares were sold in multiple"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

RSUs financial

"Includes RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Rule 10b5-1 regulatory

"The filing’s Rule 10b5-1 checkbox was not checked, indicating the reported"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did CARS report for Marks Angelique Strong on August 17, 2026?

Cars.com Inc. reported that Chief Legal Officer Marks Angelique Strong sold 57,980 shares of common stock on 2026-08-17. The transaction was a reported open-market or private sale of non-derivative common stock.

At what price did Marks Angelique Strong sell Cars.com (CARS) shares?

The reported sale used a weighted average price of $11.94 per share, with trades executed between $11.83 and $12.05. The insider undertook to provide detailed breakdowns of shares sold at each price within this range upon request.

How many Cars.com (CARS) shares does Marks Angelique Strong hold after this transaction?

After the reported sale, Marks Angelique Strong directly holds 149,636 shares of Cars.com common stock. This figure includes RSUs, meaning both standard shares and restricted stock units are counted in the post-transaction total.

What type of security was involved in the latest CARS Form 4 filing?

The transaction involved Cars.com Inc. common stock as a non-derivative security. No derivative securities such as options or warrants were reported in this Form 4, and the derivative holdings summary showed no derivative transactions.

Was the August 17, 2026 sale by the CARS Chief Legal Officer under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox was not checked, indicating the reported sale was not affirmed as made under a Rule 10b5-1 trading plan. The footnotes do not state that the transaction was pursuant to such a plan.

Does the Cars.com (CARS) Form 4 indicate that RSUs are part of the insider’s holdings?

Yes. A footnote states that the 149,636 shares reported as held after the transaction include RSUs. This means restricted stock units are counted together with standard common shares in the disclosed post-transaction ownership figure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 05:00 PM Accepted by SEC EDGAR 08/19/2026 - 05:00 PM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

Marks Angelique Strong

(Last) (First) (Middle)

C/O CARS.COM INC.

300 S. RIVERSIDE PLAZA, SUITE 1100

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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

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

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

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	08/17/2026		S		57,980	D	$11.94(1)	149,636(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. The sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $11.83 to $12.05, 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.

2. Includes RSUs.

	/s/Angelique Strong Marks	08/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)