Form 4: Edward Lampert Sells 53,562 Shares of AutoNation, Inc.

Sentiment:

SEC Form 4 Filing


Edward Lampert, a director and 10% owner of AutoNation, Inc., sold 53,562 shares of common stock at a price of $193.4499 per share on July 31, 2024.

Summary

  • On July 31, 2024, Edward Lampert sold 53,562 shares of AutoNation, Inc. common stock.
  • The sale price was $193.4499 per share.
  • Following the transaction, Lampert directly owns 3,825,838 shares.
  • The reported ownership includes shares held by The Nicholas Floyd Lampert 2015 Trust and The Nina Rose Lampert 2015 Trust, for which Lampert disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a significant shareholder. The sentiment is neutral as it simply reports a transaction.

Management Comments

  • The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities.
  • The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

Key Dates

DateDescription
07/31/2024Date of transaction: Sale of AutoNation, Inc. shares.
08/02/2024Date of signature on the Form 4 filing.

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