Lampert Group Amends AutoNation Stake Filing

Ticker: AN · Form: SC 13D/A · Filed: 2024-11-27T00:00:00.000Z

Sentiment: neutral

Topics: schedule-13d, amendment, shareholder-activity

Related Tickers: AN

TL;DR

Lampert's ESL group updated their AutoNation filing - still a big player.

AI Summary

Edward S. Lampert, through ESL Investments, Inc. and other related entities, has filed an amendment to their Schedule 13D concerning AutoNation, Inc. The filing, dated November 27, 2024, indicates a change in beneficial ownership, though specific new holdings or changes in percentage are not detailed in this excerpt. The group has been a significant holder of AutoNation stock.

Why It Matters

This filing signals ongoing activity and potential strategic adjustments by a major shareholder in AutoNation, which could influence the company's stock performance and future direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in shareholder influence, requiring careful monitoring.

Key Players & Entities

FAQ

What specific changes in beneficial ownership are detailed in this SC 13D/A filing?

This excerpt does not specify the exact changes in beneficial ownership, only that an amendment to the Schedule 13D has been filed.

Who are the primary filers of this Schedule 13D/A amendment?

The primary filers are Edward S. Lampert, ESL Investments, Inc., LAMPERT FOUNDATION, and RBS PARTNERS, L.P.

What is the subject company of this filing?

The subject company is AutoNation, Inc.

When was this filing made?

The filing was made on November 27, 2024.

What is the business address of AutoNation, Inc. according to this filing?

The business address of AutoNation, Inc. is 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE, FL 33301.

Filing Stats: 2,112 words · 8 min read · ~7 pages · Grade level 7.1 · Accepted 2024-11-27 21:30:26

Key Financial Figures

Filing Documents

is hereby amended and restated in its entirety as follows

Item 5 is hereby amended and restated in its entirety as follows: (a)-(b) Each Filing Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement. Each Filing Person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for the purposes of Section 13(d) or 13(g) of the Act. Each Filing Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any syndicate or group with respect to the Issuer or any securities of the Issuer. As of November 27, 2024, the Filing Persons may be deemed to beneficially own the Shares set forth in the table below. FILING PERSON NUMBER OF SHARES BENEFICIALLY OWNED PERCENTAGE OF OUTSTANDING SHARES SOLE VOTING POWER SHARED VOTING POWER SOLE DISPOSITIVE POWER SHARED DISPOSITIVE POWER ESL Partners, L.P. 2,203 (1) Less than 0.1% (2) 2,203 (1) 0 2,203 (1) 0 RBS Partners, L.P. 2,203 (1) Less than 0.1% (2) 2,203 (1) 0 2,203 (1) 0 ESL Investments, Inc. 2,203 (1) Less than 0.1% (2) 2,203 (1) 0 2,203 (1) 0 The Lampert Foundation 162,002 0.4% (2) 162,002 0 162,002 0 Edward S. Lampert 3,254,672 (1)(3)(4) 8.2% (2) 3,254,672 (1)(3)(4) 0 3,254,672 (1)(3)(4) 0 (1) This number includes 2,203 Shares held in the Liability Accounts controlled by ESL. RBS is the general pa

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