Cars.com Announces Inducement Award Under NYSE Rule 303A.08
PR Newswire•08/11/2026•23:15 ET
4
Key Highlights
- ➤Cars.com granted 373,345 RSUs to Chief Product Officer Mausam Bhatt
- ➤302,457 RSUs vest in three equal annual installments
- ➤70,888 RSUs vest in two equal annual installments
- ➤Awards were issued under NYSE Rule 303A.08 inducement exemption
Cars.com Announces Inducement Award Under NYSE Rule 303A.08 PR Newswire
CHICAGO, Nov. 8, 2026 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), today announced that on November 5, 2026, the Company's Compensation Committee granted restricted stock units ("RSUs") covering an aggregate of 373,345 shares of the Company's common stock to Mausam Bhatt as a material inducement to his employment as Chief Product Officer, effective November 2, 2026 (the "Inducement Awards").
Get started
Create a free account to read the full story.