March 1, 2024 · Form 4 insider transaction
Marks Angelique Strong sold 6,469 shares of Cars.com Inc. at $18.60 per share, a transaction worth $120.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
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. Also includes 851 shares of common stock acquired pursuant to the Company's Employee Stock Purchase Plan.