Cars.com Grants Equity Awards to New CEO Under Inducement Plan

Reuters

Dec 23, 2025

Cars.com Grants Equity Awards to New CEO Under Inducement Plan

Cars.com Inc. has granted Tobias Hartmann, its new Chief Executive Officer-Designate, performance-based stock unit awards covering 155,885 shares and restricted stock units covering 233,827 shares of the company's common stock. The restricted stock units will vest ratably over three years, while the performance-based stock units will vest over a three-year period, contingent upon the achievement of specified stock price targets and Mr. Hartmann's continued employment with the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cars.com Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA53089) on December 23, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The restricted stock units will vest ratably over three years, while the performance-based stock units will vest over a three-year period, contingent upon the achievement of specified stock price targets and Mr. Hartmann's continued employment with the company.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cars.com Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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