AutoNation's CEO and Director just cashed-in 101,264 options

Michael J Jackson, AutoNation's CEO and Director and a director of the company, recently cashed-in 101,264 options. The options were exercised at prices ranging between $43.45 and $48.80, while the disposals took place between $78.24 and $79.03 per share, on dates ranging from February 18 to February 19, 2021. Jackson continues to hold 142,268 shares of the company. Jackson operates out of Fort Lauderdale, FL. Some additional info was provided as follows:


This transaction was executed in multiple trades at prices ranging from $78.00 to $78.98. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This transaction was executed in multiple trades at prices ranging from $79.00 to $79.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This transaction was executed in multiple trades at prices ranging from $78.03 to $78.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
The option became exercisable in 25% annual increments on each of the first four anniversaries of June 1, 2013.

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

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