Form 4: AutoNation Executive Sells Shares for Tax Obligations
Insider Transaction Report
AutoNation's EVP, General Counsel & Corporate Secretary, C. Coleman Edmunds, disposed of 120 restricted stock units to cover tax obligations related to retirement eligibility.
Summary
- C. Coleman Edmunds, Executive Vice President, General Counsel & Corporate Secretary of AutoNation, Inc. (AN), reported a transaction on December 8, 2025.
- The transaction involved the disposition of 120 Restricted Stock Units (RSUs).
- This disposition was a withholding by AutoNation to satisfy tax obligations arising from Mr. Edmunds being eligible for retirement treatment.
- Each restricted stock unit represents a contingent right to receive one share of AutoNation's common stock or its cash equivalent.
- The value of the disposed units for tax purposes was $214.83 per unit.
- Following this transaction, Mr. Edmunds beneficially owns 3,072 Restricted Stock Units.
- An original grant of 3,192 restricted stock units was made to Mr. Edmunds on March 1, 2025, with vesting scheduled in one-third annual increments on each of the first three anniversaries of the grant date.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is generally considered neutral and a standard part of executive compensation.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, small-scale transaction for tax purposes by an executive.
Next Steps
- The remaining 3,072 restricted stock units will vest in one-third annual increments on each of the first three anniversaries of the March 1, 2025 grant date.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Grant date of 3,192 restricted stock units to C. Coleman Edmunds. |
| 12/08/2025 | Transaction date for the disposition of 120 restricted stock units for tax obligations. |
| 12/10/2025 | Signature date of the reporting person on the Form 4 filing. |
Keywords
AutoNation, AN, SEC Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation, Tax Withholding
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