Michael Mark Manley, CEO and Director of AutoNation, Inc., filed a Form 4 on November 4, 2026, disclosing two open-market purchases of AutoNation common stock made on November 2, 2026.

Key Highlights

  • First purchase: Manley acquired 3,708 shares at a weighted average price of $183.8387 per share, with individual trade prices ranging from $183.3365 to $184.3087.
  • Second purchase: Manley acquired 1,892 shares at a weighted average price of $184.6458 per share, with individual trade prices ranging from $184.3446 to $185.1850.
  • Total shares after transactions: Following the two purchases, Manley directly beneficially owned 157,186 shares of AutoNation common stock (NYSE:AN).
  • Transaction code: Both transactions are coded "P," indicating open-market purchases.
  • Security: AutoNation Common Stock, par value $0.01 per share.

Manley's November 2 Open-Market Purchases of AutoNation Common Stock

According to the Form 4 filing, Michael Mark Manley, serving as CEO and Director of AutoNation, Inc. (NYSE:AN), executed two separate open-market purchase transactions on November 2, 2026. The first transaction involved the acquisition of 3,708 shares at a weighted average price of $183.8387 per share. The filing notes this transaction was executed across multiple trades at prices ranging from $183.3365 to $184.3087. Following this purchase, Manley's direct beneficial ownership stood at 155,294 shares.

The second transaction, also dated November 2, 2026, added 1,892 shares at a weighted average price of $184.6458 per share, with individual trades ranging from $184.3446 to $185.1850, according to the filing. After this second purchase, Manley's total direct beneficial ownership increased to 157,186 shares. Both transactions are classified under transaction code "P" in the filing, reflecting open-market purchases. No derivative securities were reported in Table II of the form.

The filing was signed by C. Coleman Edmunds as Attorney-in-Fact on November 4, 2026. The filing further states that Manley "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" for both transactions. All reported shares are held directly by the reporting person.

What Was Disclosed

The Form 4 discloses two open-market purchases of AutoNation common stock by CEO Michael Mark Manley on November 2, 2026, totaling 5,600 shares across both transactions, with direct beneficial ownership reaching 157,186 shares after the transactions.