SCHEDULE 13D/A: Edward S. Lampert and Affiliates Update AutoNation Stake to 6.0%

Edward S. Lampert and affiliated entities have filed an Amendment No. 68 to their Schedule 13D, disclosing a 6.0% beneficial ownership stake in AutoNation, Inc. as of June 20, 2025.

Summary

• Edward S. Lampert beneficially owns an aggregate of 2,267,503 shares of AutoNation, Inc. common stock, representing 6.0% of the class.
• This ownership includes 2,100,000 shares held directly by Mr. Lampert, 1,649 shares held by The Nicholas Floyd Lampert 2015 Trust, 1,649 shares held by The Nina Rose Lampert 2015 Trust, 162,002 shares held by The Lampert Foundation, and 2,203 shares held in Liability Accounts controlled by ESL Partners, L.P.
• ESL Partners, L.P., RBS Partners, L.P., and ESL Investments, Inc. each beneficially own 2,203 shares, representing 0.1% of the class, primarily through shares held in Liability Accounts controlled by ESL Partners, L.P.
• The Lampert Foundation beneficially owns 162,002 shares, representing 0.4% of the class.
• The beneficial ownership percentages are calculated based on 37,701,138 shares of AutoNation, Inc. common stock outstanding as of April 23, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed on April 25, 2025.
• There have been no transactions in the class of securities reported on by the Filing Persons during the past sixty days or since the most recent filing of Schedule 13D, other than as set forth on Annex B.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing updating beneficial ownership, containing factual information without expressing positive or negative sentiment regarding company performance or outlook.

Risks

• Each Filing Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any syndicate or group with respect to the Issuer or any securities of the Issuer.

Management Comments

• Edward S. Lampert is the Chief Executive Officer of ESL Investments, Inc., which is the general partner of RBS Partners, L.P., which in turn is the general partner of ESL Partners, L.P.
• Edward S. Lampert and his wife Kinga Keh Lampert are co-trustees of The Lampert Foundation.

Stakeholder Impact

• Clarifies the significant beneficial ownership stake held by Edward S. Lampert and his affiliated entities in AutoNation, Inc. for shareholders and the market.

Key Dates

Keywords

AutoNation, AN, Edward S. Lampert, ESL Investments, Schedule 13D, Beneficial Ownership, SEC Filing, Common Stock, Shareholder