Cars.com grants Restricted Stock Units to Ziegler as CFO-Designate
1 report, 1 independent
Updated Tue 00:00
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What happened
Cars.com Inc. announced that it granted 332,069 restricted stock units to Trent Ziegler on October 19, 2026. This award was given as a material inducement for his employment as Chief Financial Officer-Designate. Ziegler is scheduled to become Chief Financial Officer effective November 6, 2026.
From prnewswire.com
Why it matters
The grant of restricted stock units is part of the company's 2025 Inducement Equity Plan. The award was granted under the employment inducement exemption from the NYSE's shareholder approval requirements.
From prnewswire.com