AUTONATION, INC. (AN): director Mark Stewart elected to the board

Events in this filing

Item 5.02 as filed

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 13, 2026, the Board of Directors (the “Board”) of AutoNation, Inc. (the “Company”) increased the size of the Board to ten directors and appointed Mark Stewart as a member of the Board, effective immediately. The Board determined that Mr. Stewart qualifies as independent under the director independence standards set forth in the Company’s Corporate Governance Guidelines and the applicable listing standards of the New York Stock Exchange.
Mr. Stewart will participate in the Company’s non-employee director compensation program, pursuant to which he will receive an annual Board retainer of $50,000 for service on the Board. For 2026, the Board retainer will be prorated based on time served during the year. Mr. Stewart will also be entitled to receive expense reimbursement in connection with meeting attendance. As a non-employee director, he will be eligible to receive equity awards in the future under the AutoNation, Inc. 2024 Non-Employee Director Equity Plan.