AutoNation's CEO and Director just picked up 34,969 shares

Michael J Jackson, AutoNation's CEO and Director and a director of the company, recently acquired 34,969 shares of the company. The buys took place at prices ranging from $0.00 to $79.43 per share, on February 15, 2021. Jackson now owns 142,268 shares of the company. Jackson operates out of Fort Lauderdale, FL. Some additional info was provided as follows:


Settlement of shares upon the achievement of applicable performance goals, which were certified by the registrant's Compensation Committee on February 15, 2021, pursuant to the terms of certain performance-based restricted stock units granted on March 1, 2018.
The restricted stock units were granted on March 2, 2020, subject to the satisfaction of a performance goal, which was certified by the registrant's Co mpensation Committee on February 15, 2021. The restricted stock units will vest in 25% annual increments on each of March 2, 2021, March 1, 2022, March 1, 2023 and March 1, 2024. 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.
The restricted stock units were granted on July 14, 2020, subject to the satisfaction of a performance goal, which was certified by the registrant's Compensation Committee on February 15, 2021. The restricted stock units will vest in 25% annual increments on each of July 14, 2021, March 1, 2022, March 1, 2023 and March 1, 2024. 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.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever AutoNation makes a similar move, sign up!

Auto Refresh

Feedback