Cars.com shareholders approve 4M share increase for omnibus plan; exculpation amendment effective

Cars.com Inc.

All 11 director nominees reelected; advisory vote on executive compensation passed 48.5M vs 1.1M.
Omnibus Incentive Compensation Plan amended: 4M additional shares authorized; term extended to June 2035; vote 35.9M for, 13.7M against.
Charter amended to provide officer exculpation under Delaware law; effective June 5, 2025; 46.5M for, 3.2M against.
Ratification of EY as auditor (58.5M for) and annual say-on-frequency vote approved.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Cars.com Inc.: Amended and Restated Certificate of Incorporation to provide for exculpation of certain officers (effective 2025-06-05).

Change: charter amendment
Effective: 2025-06-05

Exact text from the filing

At the Annual Meeting the Company’s stockholders also approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Exculpation Amendment”) to provide for exculpation of certain officers of the Company as permitted by the Delaware General Corporation Law. The Exculpation Amendment became effective upon the filing of an Amended and Restated Certificate of Incorporation of the Company with the Delaware Secretary of State on June 5, 2025 (the “2025 Amended and Restated Certificate of Incorporation”).

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13 governance changes filed in the last 30 days. Browse all governance changes →

Cars.com Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-083228

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