CAMPLONE GIANLUCA 4

What Happened

• Gianluca Camplone, AutoNation COO (AN Parts) and EVP, Business Development, had restricted stock units (RSUs) convert into common shares on March 1, 2026. A total of 5,217 RSUs vested/converted (1,943 + 1,754 + 1,520).
• To satisfy tax withholding, 2,055 shares were surrendered/ disposed at $195.16 per share, generating $401,054. After withholding, the net shares received from the conversion were 3,162 (5,217 converted − 2,055 withheld).
• On the same date Camplone was granted 4,144 new RSUs (granted March 1, 2026) that will vest in one‑third annual installments (see footnote F5).

Key Details

• Transaction date: March 1, 2026; filing date: March 3, 2026 (timely Form 4 filing).
• Converted RSUs: 1,943 + 1,754 + 1,520 = 5,217 shares (conversion noted as derivative exercise/vesting).
• Tax withholding: 2,055 shares surrendered at $195.16 each, total $401,054 (transaction code F).
• New award: 4,144 RSUs granted (code A); these RSUs vest 1/3 each year per footnote F5.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 confirms RSUs convert one-for-one into common stock. F2–F4 describe prior RSU grants (2023–2025) and their vesting schedules.

Context

• This was largely a vesting/conversion of RSUs with a routine tax‑withholding share surrender (common practice for RSU vesting), not an open‑market sale seeking cash proceeds beyond covering taxes.
• The filing shows both the conversion of RSUs (derivative exercise) and a contemporaneous tax withholding disposition; it also documents a new RSU grant that will vest over future years.