CAMPLONE GIANLUCA 4
Research Summary
AI-generated summary
AutoNation COO Gianluca Camplone Receives Award, Withholds Shares
What Happened
- Gianluca Camplone, AutoNation (AN) COO, AN Parts head and EVP of Business Development, received 16,742 performance-based restricted shares on 2026-01-28 (awarded at $0.00 per share). To satisfy tax withholding obligations, 6,617 of those shares were surrendered at an effective price of $215.93 per share, representing proceeds of $1,428,809. The net shares retained from the settlement are 10,125 (16,742 awarded minus 6,617 withheld).
Key Details
- Transaction date: January 28, 2026; Form 4 filed January 30, 2026 (Accession 0000350698-26-000010).
- Award: 16,742 shares acquired (code A) at $0.00 — settlement of performance-based RSUs.
- Withholding/disposition: 6,617 shares disposed (code F) at $215.93 for total of $1,428,809 to cover tax liability.
- Footnote: The shares were settled after the Compensation Committee certified achievement of performance goals; these RSUs were originally granted March 1, 2023.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No indication in the filing that this was a market purchase (P) or a voluntary sale (S); the disposed shares were for tax withholding (routine).
Context
- This is a settlement of performance-based RSUs — not an open-market sale expressing a trading view. The F code denotes shares surrendered to pay taxes or other withholding obligations (common when RSUs vest).
- Net inflow/ownership effect: Camplone increased his economic ownership by the net awarded shares (10,125 retained), while 6,617 were used solely to satisfy tax withholding.