DEES KIMBERLY 4
4 · AUTONATION, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
AutoNation (AN) SVP Kimberly Dees Exercises RSUs; Sells 577 Shares
What Happened
- Kimberly Dees, SVP & CAO of AutoNation (AN), converted/ exercised restricted stock units (RSUs) into common shares on March 1, 2026. The filing shows conversions of 416, 389, 351 and 304 RSUs (total 1,460 shares). To cover tax withholding, 577 of those shares were surrendered at $195.16 per share, generating $112,607. The report also shows a new grant of 829 RSUs (award) on March 1, 2026 (these RSUs vest over time and are not immediately tradable).
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026.
- Conversions (coded M): 416, 389, 351 and 304 RSUs converted into 1,460 shares (one‑for‑one per footnote).
- Tax withholding (coded F): 577 shares withheld at $195.16 → $112,607 paid to cover taxes.
- Grant (coded A): 829 RSUs awarded on March 1, 2026; vest in one‑third annual increments (see footnote F6).
- Net immediate cash proceeds: the 577‑share withholding produced $112,607; the conversion itself had no purchase price listed.
- Shares owned after transaction: filing excerpt provided does not state total shares beneficially owned after these transactions; net new issued/received common shares = 1,460 converted − 577 withheld = 883 shares added to her immediate share balance, plus 829 unvested RSUs granted.
- Filing timeliness: Form filed March 3, 2026 covering 3/1/2026 transactions — no late filing indicated in the provided data.
Context
- This was a routine RSU vesting/conversion and tax‑withholding transaction, not an open‑market sale. The withholding of 577 shares to satisfy tax obligations is common when RSUs vest (coded F). The newly granted 829 RSUs are unvested and will vest over future anniversaries (not immediately tradable).
Insider Transaction Report
Form 4
DEES KIMBERLY
SVP & CAO
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+416→ 3,489 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+389→ 3,878 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+351→ 4,229 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+304→ 4,533 total - Tax Payment
Common Stock, par value $0.01 per share
2026-03-01$195.16/sh−577$112,607→ 3,956 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−416→ 0 total→ Common Stock, par value $0.01 per share (416 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-01−389→ 0 total→ Common Stock, par value $0.01 per share (389 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-01−351→ 350 total→ Common Stock, par value $0.01 per share (351 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-01−304→ 608 total→ Common Stock, par value $0.01 per share (304 underlying) - Award
Restricted Stock Units
[F6]2026-03-01+829→ 829 total→ Common Stock, par value $0.01 per share (829 underlying)
Footnotes (6)
- [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 1,661 restricted stock units on March 1, 2022. The restricted stock units vested in 25% annual increments on each of the first four 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.
- [F3]The reporting person received a grant of 1,166 restricted stock units on March 1, 2023. 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 represents a contingent right to receive one share of the registrant's common stock or at the registrant's election, the cash value thereof.
- [F4]The reporting person received a grant of 1,052 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.
- [F5]he reporting person received a grant of 912 restricted stock units on March 1, 2025. 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.
- [F6]The restricted stock units were granted on March 1, 2026 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.
Signature
/s/ C. Coleman Edmunds, Attorney-in-Fact|2026-03-03