Form 4 for AN AUTONATION, INC.
Accepted 2025-03-04 00:00:00 ET · period of report 2025-03-01 · accession 0000350698-25-000053 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-04 | 2025-03-01 | AN | Manley Michael Mark | CEO, Dir | F - Tax | $182.37 | -8,668 | 100.8K | -8% | -$1.58M |
| DM | 2025-03-04 | 2025-03-01 | AN | Manley Michael Mark | CEO, Dir | M - OptEx | — | +22.0K | 109.5K | +25% | — |
| DM | 2025-03-04 | 2025-03-01 | AN | Manley Michael Mark | CEO, Dir | A - Grant | $0.00 | +159.8K | 25.4K | New | $0 |
| DM | 2025-03-04 | 2025-03-01 | AN | Manley Michael Mark | CEO, Dir | M - OptEx | $0.00 | -22.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2025-03-01 | F | D | 8,668 | $182.37 | 100,845 | D | — | — | |
| 2 | Common | Common Stock, par value $0.01 per share | 2025-03-01 | M | A | 6,995 | — | 101,573 | D | — | — | (F1) The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis. |
| 3 | Common | Common Stock, par value $0.01 per share | 2025-03-01 | M | A | 7,088 | — | 94,578 | D | — | — | (F1) The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis. |
| 4 | Common | Common Stock, par value $0.01 per share | 2025-03-01 | M | A | 7,940 | — | 109,513 | D | — | — | (F1) The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis. |
| 5 | Derivative | Performance-Based Restricted Stock Units | 2025-03-01 | A | A | 134,365 | $0.00 | 134,365 | D | — · — to — | 134,365 Common Stock, par value $0.01 per share | (F6) Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof. (F7) The reporting person received a special grant of 134,365 PSUs on March 1, 2025. Subject to the terms and conditions of the award agreement, the PSUs vest on a cliff basis at the end of a five-year performance period to the extent earned. The number of PSUs that may be earned is based on achieving pre-set stock price appreciation hurdles (the "Stock Price Contingencies"). The PSUs will not be earned unless the annualized rate of stock price appreciation (plus dividends, if any) of the registrant's common stock meets or exceeds the Stock Price Contingences during the five-year performance period from January 1, 2025 to December 31, 2029. Vesting is subject to the reporting person's employment with the registrant through the final day of the performance period, subject to limited exceptions. Any PSUs that do not vest by the end of the performance period are immediately forfeited. |
| 6 | Derivative | Restricted Stock Units | 2025-03-01 | M | D | 6,995 | $0.00 | 6,995 | D | — · — to — | 6,995 Common Stock, par value $0.01 per share | (F1) The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis. (F3) The reporting person received a grant of 20,985 restricted stock units on March 1, 2023. The restricted stock units will vest in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof. |
| 7 | Derivative | Restricted Stock Units | 2025-03-01 | M | D | 7,940 | $0.00 | 15,879 | D | — · — to — | 7,940 Common Stock, par value $0.01 per share | (F1) The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis. (F4) The reporting person received a grant of 23,819 restricted stock units on March 1, 2024. The restricted stock units will vest in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof. |
| 8 | Derivative | Restricted Stock Units | 2025-03-01 | A | A | 25,430 | $0.00 | 25,430 | D | — · — to — | 25,430 Common Stock, par value $0.01 per share | (F5) The restricted stock units were granted on March 1, 2025 and will vest in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof. |
| 9 | Derivative | Restricted Stock Units | 2025-03-01 | M | D | 7,088 | $0.00 | 0 | D | — · — to — | 7,088 Common Stock, par value $0.01 per share | (F1) The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis. (F2) The reporting person received a grant of 21,265 restricted stock units on March 1, 2022. The restricted stock units vested in one-third annual increments on each of the first three anniversaries of the grant date. Each restricted stock unit represented a contingent right to receive one share of the registrant's common stock, or at the registrant's election, the cash value thereof. |