Welcome to our dedicated page for Cars.Com SEC filings (Ticker: CARS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Cars.com Inc. (NYSE: CARS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as it operates its Cars Commerce platform for the automotive industry. These filings complement the company’s press releases and offer structured detail on financial performance, leadership changes, equity plans and other material events.
Investors can review Form 8-K filings in which Cars.com Inc. reports significant developments. Recent 8-Ks include disclosures about quarterly financial results, where the company furnishes press releases that discuss revenue, dealer customer counts, marketplace metrics such as average monthly unique visitors and traffic, and non-GAAP measures like adjusted EBITDA, adjusted net income, free cash flow and adjusted operating expenses. These filings explain how the company defines these metrics and how they relate to its operations and credit agreements.
Other 8-K filings address leadership and governance matters, such as the planned transition of the Chief Executive Officer role, the appointment of a new Chief Executive Officer-Designate and the associated employment terms summarized in an offer letter. The company also reports the adoption of the Cars.com Inc. 2025 Inducement Equity Plan, which reserves shares of common stock for inducement awards to certain new or returning employees in accordance with NYSE rules. Additional filings note executive departures in roles such as Chief Product and Innovation Officer.
Over time, users can expect this page to surface Cars.com Inc.’s periodic reports such as annual reports on Form 10-K and quarterly reports on Form 10-Q, which typically provide comprehensive financial statements, segment information, risk factors and management’s discussion and analysis. As new filings are posted to EDGAR, Stock Titan can present them with AI-powered summaries that highlight key points, helping readers quickly understand changes in revenue composition, dealer and marketplace metrics, capital allocation, equity compensation plans and executive transitions without reading every line of the underlying documents.
For those tracking insider and equity-related activity, this page can also be used to locate relevant filings linked from Cars.com Inc.’s disclosure history, including documents related to inducement equity awards and other stock-based compensation arrangements described in the company’s reports.
Cars.com Inc. Chief Commercial Officer Lisa Gosselin reported a tax-related share disposition. On the vesting of restricted stock units (RSUs), 8,256 shares of common stock were retained by the company to cover tax withholding obligations rather than being issued as shares, leaving her with 85,173 shares held directly, including RSUs.
Cars.com Inc.'s Chief Legal Officer, Angelique Strong Marks, reported a tax-related share disposition. On the reported date, 16,442 shares of common stock underlying vested restricted stock units were withheld by Cars.com Inc. to cover tax obligations, rather than being sold in the open market.
These shares were retained by the company and not issued, while Marks’ direct holdings after this transaction total 143,013 shares of common stock, including restricted stock units and 1,621 shares acquired through the company’s Employee Stock Purchase Plan.
Cars.com Inc. provides a data-driven automotive marketplace and digital solutions platform connecting car shoppers with about 19,500 franchise and independent dealers in the U.S. and Canada. The business is powered by roughly 26 million average monthly visitors and an asset-light, mostly subscription-based revenue model.
About 80% of revenue comes from recurring subscriptions across marketplace, digital experience, media and trade & appraisal tools, supported by strong operating cash flow above $135.0 million in each of the last three years. The company highlights competition, macro auto demand, AI disruption, data privacy, regulation and climate-related risks, while also noting a $250.0 million share repurchase authorization.
Cars.com Inc. reported record full-year 2025 revenue of $723.2 million, up 1%, with fourth-quarter revenue of $183.9 million, up 2%. Q4 net income was $7.4 million, or $0.12 per diluted share, down from $17.3 million a year earlier mainly due to a prior-period gain on an equity sale. Q4 Adjusted EBITDA was $54.9 million, essentially flat year over year with a 29.9% margin.
For 2025, net income was $20.1 million versus $48.2 million in 2024, while Adjusted EBITDA rose to $211.1 million with a 29.2% margin. The company generated $151.6 million in operating cash flow and $125.7 million in free cash flow, repurchasing 7.1 million shares for $86.0 million, about 9% of shares outstanding. Dealer customers increased to 19,544. For 2026, management expects revenue to be flat to up 2% year over year and Adjusted EBITDA margin between 29.0% and 30.0%, with Q1 revenue flat to up 1% and margin of 26.0–27.0%.
The Vanguard Group filed an amended Schedule 13G/A reporting its beneficial ownership in Cars.com Inc. common stock. Vanguard reports beneficial ownership of 5,216,380 shares, representing 8.72% of the outstanding common stock. Vanguard has shared voting power over 466,417 shares and shared dispositive power over 5,216,380 shares, with no sole voting or dispositive power.
The filing notes that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries or business divisions that pursue the same investment strategies are expected to report beneficial ownership separately on a disaggregated basis. Vanguard states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Cars.com.
Cars.com Inc. filed an initial statement of beneficial ownership for its CEO-designate, Tobias Hartmann, as of 12/22/2025. The filing states that no Cars.com securities, either direct or indirect and including derivative securities, are beneficially owned. The report is filed as a single-person filing and clarifies Hartmann’s role as an officer in the capacity of CEO-designate.
Cars.com Inc. reported new equity awards to its CEO-designate following a transaction dated 12/22/2025. The executive received 233,827 shares of common stock in the form of restricted stock units granted under the Cars.com Inc. 2025 Inducement Equity Plan, at a stated price of $0.00 per unit. Each RSU converts into one share of common stock upon vesting.
The filing also shows a grant of 155,885 performance-based stock units with a conversion price of $0.00. These PSUs may settle in an equal number of common shares if specified stock performance goals are met and the executive continues in service through the vesting dates. The PSUs can vest in three equal installments tied to 30‑day average stock price goals of $15, $16 and $17 and dates of January 1, 2027, January 1, 2028 and December 31, 2028.
Cars.com Inc. Chief Financial Officer Sonia Jain reported a sale of 11,400 shares of Cars.com common stock. The transaction occurred on 12/17/2025 and is coded as an open market or private sale. The shares were sold at a weighted average price of $13.45 per share, with individual trade prices ranging from $13.26 to $13.63.
Following this transaction, Jain beneficially owns 243,642 shares of Cars.com common stock, which includes restricted stock units. Her ownership is reported as direct.
Cars.com Inc. is registering 1,000,000 shares of common stock for issuance under its new 2025 Inducement Equity Incentive Plan. These shares are reserved exclusively for equity awards granted to individuals who were not previously employees or directors, as an inducement that is material to accepting employment, consistent with NYSE Listed Company Manual Section 303A.08.
The plan was adopted on December 11, 2025 by a majority of the independent members of the board of directors. The company also outlines standard Delaware-law based indemnification and liability protections for its directors and officers and incorporates its recent annual, quarterly, and current reports by reference into this registration.
Cars.com Inc. announced a planned leadership transition. Alex Vetter will step down as Chief Executive Officer and Director on January 15, 2026, remain as a Special Advisor through March 31, 2026, and then leave the company with severance benefits under the executive severance plan. During this transition period he will continue to receive his base salary and standard employee benefits.
The Board has appointed Tobias “Tobi” Hartmann as Chief Executive Officer-Designate, with a start date expected on December 22, 2025. He will become Chief Executive Officer on or before January 15, 2026 and join the Board, with nomination planned for the 2026 annual meeting. His offer includes a $750,000 annual base salary, a target annual incentive equal to 110% of salary beginning in 2026, RSUs with a target value of $3,000,000 vesting over three years, and PRSUs with a target value of $2,000,000 tied to stock price goals and service. The company also adopted a 2025 Inducement Equity Plan reserving 1,000,000 shares for equity awards to new or returning employees.