AutoNation (AN) CFO converts 3,194 RSUs; 1,257 shares withheld at $209.23
Rhea-AI Filing Summary
AUTO NATION, INC. executive Thomas A. Szlosek, EVP & CFO, reported an exercise and vesting of restricted stock units. On August 7, 2026, 3,194 restricted stock units converted on a one-for-one basis into 3,194 shares of common stock. In a related transaction, 1,257 common shares were delivered or withheld at $209.23 per share for payment of exercise price or tax liability. The underlying restricted stock units came from a 9,583-unit grant dated August 7, 2023, which vests in one-third annual increments over three years, each unit representing a contingent right to one share of common stock or, at the company’s election, its cash value.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,937 shares
Net Buy
3 txns
Insider
Szlosek Thomas A
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 3,194 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share F1 | 3,194 | -- | -- |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 1,257 | $209.23 | $263K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.01 per share — 18,437 shares (Direct)
Footnotes (2)
- 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 9,583 restricted stock units on August 7, 2023. The restricted stock units vested in one-third annual increments on each of the first three anniversaries of August 7, 2023. Each restricted stock unit represents a contingent right to receive one share of AutoNation common stock, or at AutoNation's election, the cash value thereof.
Key Figures
RSUs converted: 3,194 units
Common shares received: 3,194 shares
Shares delivered/withheld: 1,257 shares
+2 more
5 metrics
RSUs converted
3,194 units
Restricted stock units converted one-for-one into common stock on August 7, 2026
Common shares received
3,194 shares
Shares of common stock issued upon RSU conversion
Shares delivered/withheld
1,257 shares
Common shares delivered or withheld for payment of exercise price or tax liability
Per-share value for F transaction
$209.23 per share
Price used for shares delivered or withheld under code F transaction
Original RSU grant
9,583 units
Restricted stock units granted on August 7, 2023, vesting over three years
Key Terms
Restricted Stock Units, contingent right, exercise or conversion of derivative security, Payment of exercise price or tax liability
4 terms
Restricted Stock Units financial
"The restricted stock units converted into shares of AutoNation common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of AutoNation common stock"
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Payment of exercise price or tax liability financial
"transaction_code_description: Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AutoNation (AN) CFO Thomas Szlosek report?
AutoNation CFO Thomas A. Szlosek reported the conversion of 3,194 restricted stock units into 3,194 common shares on August 7, 2026, as part of a previously granted equity award vesting schedule.
What was the size and date of the original RSU grant to the AutoNation (AN) CFO?
Thomas A. Szlosek previously received a grant of 9,583 restricted stock units on August 7, 2023. These units vest in one-third annual increments over three years, providing staged equity-based compensation.
Were the AutoNation (AN) CFO’s transactions classified as open-market buys or sells?
The filing reports an exercise or conversion of derivative securities and a related delivery or withholding of shares for exercise price or tax liability. It does not classify these as open-market purchases or sales.