Family Trust and Faisal Ahmed hold 4.1M shares in Cars.com (CARS)
Rhea-AI Filing Summary
Cars.com Inc. ownership group files Amendment No. 2 to Schedule 13G/A reporting shared and sole beneficial ownership stakes. The Family Trust pursuant to Article V of the Linda Ahmed Declaration of Trust dated March 4, 2005 and Faisal Ahmed each report 4,100,400 shares (7%). Ali Ahmed reports 1,600,000 shares (2.7%). The filing lists voting and dispositive powers for each named member and is filed pursuant to Rule 13d-1(c).
Positive
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Negative
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Key Figures
Family Trust shares: 4,100,400 shares
Faisal Ahmed shares: 4,100,400 shares
Ali Ahmed shares: 1,600,000 shares
+3 more
6 metrics
Family Trust shares
4,100,400 shares
Amount beneficially owned by the Family Trust
Faisal Ahmed shares
4,100,400 shares
Amount beneficially owned by Faisal Ahmed
Ali Ahmed shares
1,600,000 shares
Amount beneficially owned by Ali Ahmed
Family Trust percent
7%
Percent of class for the Family Trust
Ali Ahmed percent
2.7%
Percent of class for Ali Ahmed
Reporting rule
Rule 13d-1(c)
Schedule filed pursuant to this rule
Key Terms
Amount beneficially owned, Sole power to vote, Shared dispositive power, Schedule 13G/A
4 terms
Amount beneficially owned regulatory
"For FAMILY TRUST ... Amount Beneficially Owned: 4,100,400"
Sole power to vote regulatory
"sole power to vote or direct to vote: 2,500,400"
Schedule 13G/A regulatory
"Amendment No. 2 ) Cars.com Inc. Common Stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stakes does CARS Schedule 13G/A Amendment No. 2 show?
The filing reports the Family Trust and Faisal Ahmed each hold 4,100,400 shares (7%), and Ali Ahmed holds 1,600,000 shares (2.7%). It lists voting and dispositive powers for each named entity as of the amendment.
Who are the filers named in the CARS Schedule 13G/A amendment?
The filers are ACMGMT, LLC, the Family Trust pursuant to Article V of the Linda Ahmed Declaration of Trust dated March 4, 2005, Atlantic Coast Warranty Corp., Ali Ahmed, and Faisal Ahmed with a Miami Lakes, FL address.
How much voting power is reported for the Family Trust on the CARS filing?
The Family Trust reports 2,500,400 shares as sole voting power and 4,100,400 shares as shared voting power. These figures are presented in the filing's voting-power breakdown for the trust.
Under what SEC rule was this Schedule 13G/A filed for CARS?
The schedule states it is filed pursuant to Rule 13d-1(c). That classification appears in the identification and classification section of the filing and governs beneficial ownership disclosures for the group.
Does the CARS filing show ACMGMT, LLC beneficial ownership?
ACMGMT, LLC is listed as a filer but the filing reports 0 shares as amount beneficially owned for ACMGMT, LLC. The filing still includes ACMGMT, LLC in the group identification and voting/dispositive-power table.