AUTONATION, INC. — Director's Dealing 2025

Mar 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AUTONATION, INC. (AN)
CIK: 0000350698
Period of Report: 2025-03-01

Reporting Person: Koehler David L (COO, Non-Franchised Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-01	Common Stock, par value $0.01 per share	M	1333	—	Acquired	14693	Direct
2025-03-01	Common Stock, par value $0.01 per share	M	984	—	Acquired	15677	Direct
2025-03-01	Common Stock, par value $0.01 per share	M	971	—	Acquired	16648	Direct
2025-03-01	Common Stock, par value $0.01 per share	M	778	—	Acquired	17426	Direct
2025-03-01	Common Stock, par value $0.01 per share	F	1507	$182.37	Disposed	15919	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-01	Restricted Stock Units	$	M	1333	Disposed		Common Stock, par value $0.01 per share (1333)	Direct
2025-03-01	Restricted Stock Units	$	M	984	Disposed		Common Stock, par value $0.01 per share (984)	Direct
2025-03-01	Restricted Stock Units	$	M	971	Disposed		Common Stock, par value $0.01 per share (971)	Direct
2025-03-01	Restricted Stock Units	$	M	778	Disposed		Common Stock, par value $0.01 per share (778)	Direct
2025-03-01	Restricted Stock Units	$	A	2280	Acquired		Common Stock, par value $0.01 per share (2280)	Direct

Footnotes

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 5,329 restricted stock units on March 1, 2021. 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 2,953 restricted stock units on March 8, 2022. 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 represented 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 2,915 restricted stock units on March 1, 2023. 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 2,631 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.

F6: The restricted stock units were granted on March 1, 2025 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.