EDMUNDS C COLEMAN 4
4 · AUTONATION, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
AutoNation (AN) EVP Edmunds C. Coleman Exercises RSUs, Withholds Shares
What Happened
- Edmunds C. Coleman, EVP, General Counsel & Corporate Secretary of AutoNation (AN), had restricted stock units (RSUs) convert into 5,600 shares on March 1, 2026. To cover tax withholding, 2,075 of those shares were surrendered at $195.16 each for a total withholding of $404,957. After withholding, Coleman received a net of 3,525 shares (approx. $687,939 based on $195.16/share).
- On the same date Coleman was also granted 3,108 new RSUs (a time‑based award that will vest in one‑third annual increments per the filing).
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely).
- Converted/issued shares: 5,600 (from vested RSUs). Tax withholding: 2,075 shares at $195.16 each = $404,957 (code F). Net shares delivered to insider: 3,525.
- New award: 3,108 RSUs granted on March 1, 2026; these RSUs vest in one‑third increments over three years (see footnote F6).
- Footnotes: F1 confirms RSUs converted one‑for‑one into common shares; F2–F6 describe prior and current RSU grant schedules and vesting terms.
- Shares owned after the transaction are not provided in the excerpt of the filing.
Context
- These filings reflect routine vesting of restricted stock units and withholding to satisfy tax obligations — not an open‑market sale or a cash purchase. Code M indicates conversion of derivative securities (RSUs) into shares; code F indicates payment of tax liability via share withholding.
- Such tax‑withholding disposals are common when RSUs vest and do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
Form 4
EDMUNDS C COLEMAN
EVP, Gen Counsel & Corp Sec
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+2,068→ 29,064 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+1,360→ 30,424 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+1,228→ 31,652 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-01+944→ 32,596 total - Tax Payment
Common Stock, par value $0.01 per share
2026-03-01$195.16/sh−2,075$404,957→ 30,521 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-01−2,068→ 0 total→ Common Stock, par value $0.01 per share (2,068 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-01−1,360→ 0 total→ Common Stock, par value $0.01 per share (1,360 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-01−1,228→ 1,228 total→ Common Stock, par value $0.01 per share (1,228 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-01−944→ 2,128 total→ Common Stock, par value $0.01 per share (944 underlying) - Award
Restricted Stock Units
[F6]2026-03-01+3,108→ 3,108 total→ Common Stock, par value $0.01 per share (3,108 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 8,269 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 represented 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 4,081 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 3,684 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]The reporting person received a grant of 3,192 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|2026-03-03