Form 4: Cars.com Inc. Chief Legal Officer Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Angelique Strong Marks, Chief Legal Officer of Cars.com Inc., reports acquiring and disposing of common stock and holding 130,843 shares following the reported transactions.
Summary
- On March 14, 2024, Angelique Strong Marks, Chief Legal Officer of Cars.com Inc., reported transactions involving the company's common stock.
- She acquired 50,207 shares of common stock at $0.
- She disposed of an unspecified amount of common stock.
- Following these transactions, Marks beneficially owns 130,843 shares of Cars.com Inc.
- The reported transactions also include restricted stock units (RSUs) granted under the company's Omnibus Incentive Compensation Plan, each representing the right to receive one share of common stock, subject to vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider trading regulations and provides transparency into the transactions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of the reported transactions (acquisition and disposal of common stock). |
| 03/15/2024 | Date of signature for the Form 4 filing. |
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