Gosselin Lisa 4
Research Summary
AI-generated summary
Cars.com (CARS) Chief Commercial Officer Lisa Gosselin Receives Award
What Happened
- Lisa Gosselin, Chief Commercial Officer of Cars.com Inc. (CARS), was granted 124,282 restricted stock units (RSUs) on March 11, 2026. The Form 4 reports an acquisition code "A" with a reported price of $0.00 (this is a grant, not a cash purchase), so no cash was exchanged at grant.
Key Details
- Transaction date: 2026-03-11; Filing date: 2026-03-13 (Form 4 accession 0001193125-26-106363).
- Grant size and price: 124,282 RSUs @ $0.00 (award/grant).
- Reported value at grant: $0 on the Form 4 (RSUs represent future shares, not immediate cash proceeds).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: RSUs granted under the Cars.com Omnibus Incentive Compensation Plan; each RSU represents a right to receive one common share upon vesting and is subject to vesting conditions (see F1/F2).
- Timeliness: Filing appears timely (filed two days after the transaction); no late-filing flag was provided.
Context
- RSU grants are commonly used for executive compensation and retention. They do not represent immediately owned, tradable shares until they vest and convert to common stock.
- This transaction is an award/grant (not a purchase or sale) and should be viewed as compensation-related rather than a direct insider market signal.