Form 4: Cars.com Inc. Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Angelique Strong Marks, Chief Legal Officer of Cars.com Inc., reports the disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 1, 2025, Angelique Strong Marks, the Chief Legal Officer of Cars.com Inc., reported a transaction involving the disposition of 6,352 shares of common stock at a price of $11.74.
- These shares were retained by Cars.com Inc. to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- Following the transaction, Marks beneficially owns 159,455 shares of Cars.com Inc., which includes 1,621 shares acquired through the Employee Stock Purchase Plan and RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock disposition.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock transaction (disposition of shares). |
| 05/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Cars.com Inc., Angelique Strong Marks, Chief Legal Officer, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Employee Stock Purchase Plan
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