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PR Newswire·

Cars.com Announces Inducement Award Under NYSE Rule 303A.08

CARS
  • Cars.com Inc. granted 332,069 restricted stock units to Trent Ziegler on October 19, 2026, as an inducement for his role as Chief Financial Officer-Designate.
  • Mr. Ziegler is scheduled to assume the Chief Financial Officer position effective November 6, 2026.
  • The award was issued under the Cars.com Inc. 2025 Inducement Equity Plan.
  • The RSUs will vest in three equal installments on the first three anniversaries of the grant date, contingent on continued employment.
  • The grant relied on the NYSE's Section 303A.08 employment inducement exemption to bypass shareholder approval requirements.