Asbury Automotive Group Inc SEC Filings

Asbury Automotive Group (ABG) has filed a Form 144 notice covering a planned sale of 1,132 shares of its common stock. The shares are expected to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE, with an indicated aggregate market value of $266,314.32. The filing notes that 19,440,558 shares of common stock are outstanding.

The securities to be sold come from restricted stock that vested under a registered plan on 02/14/2025 (685 shares), 02/20/2025 (80 shares), and 03/06/2025 (367 shares). The seller represents that they are not aware of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

Eminence Capital, LP and Ricky C. Sandler filed Amendment No. 1 to Schedule 13G for Asbury Automotive Group (ABG), reporting beneficial ownership of 972,405 shares of common stock, representing 4.95% of the class. The filing states shared voting and dispositive power over these shares and no sole voting or dispositive power.

The percentage was calculated based on 19,660,638 shares outstanding as of July 28, 2025, as disclosed in the company’s Form 10-Q for the quarter ended June 30, 2025. The reporting persons certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Asbury Automotive Group (ABG)93 shares at $226.61 per share. Following the transaction, the officer beneficially owns 1,613 shares, held directly.

Asbury Automotive Group (ABG) reported Q3 results and closed the Herb Chambers acquisition. Quarterly revenue rose to $4,800.9 million from $4,236.7 million, with net income of $147.1 million versus $126.3 million. Diluted EPS was $7.52 compared with $6.37. Gross profit increased to $802.5 million, while SG&A grew to $527.1 million as the company integrated new operations.

Year to date, operating cash flow reached $623.3 million (up from $427.0 million). The company acquired The Herb Chambers Companies on July 21, 2025 for a preliminary $1,783.9 million in cash, adding 33 dealerships and 52 franchises. It recognized $523.4 million of revenue and $17.9 million of net income from the acquired businesses during the quarter, and recorded $14.7 million of acquisition costs year to date.

Debt rose to $3,605.3 million (including current portion) from $3,138.6 million, reflecting a new $546.5 million real estate facility and higher floorplan and revolver usage. Share repurchases totaled $50.0 million in Q3. Shares outstanding were 19,440,558 as of October 28, 2025.

Insider sale by Asbury Automotive Group director. Maureen F. Morrison, a director of Asbury Automotive Group (ABG), reported selling 800 shares of the issuer's common stock on 08/28/2025 at a reported price of $255.61 per share. After the sale she beneficially owned 5,824 shares. The Form 4 was signed on behalf of the reporting person by Dean Calloway, Attorney-in-Fact, dated 09/02/2025. The filing discloses a single non-derivative sale transaction; no additional transactions or derivative holdings are reported.

Asbury Automotive Group (ABG) filed a Form 144 reporting a proposed sale of 800 shares of Common Stock through Computershare (Edison, NJ) with an aggregate market value of $204,484.48. The filing states there are 19,660,638 shares outstanding and lists the approximate sale date as 08/28/2025. The shares were acquired on 02/07/2019 as a restricted stock award granted for board service; payment is noted as not applicable. The filer reports nothing to report for securities sold in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Asbury Automotive Group insider Dean Calloway, who is listed as SVP, General Counsel & Secretary and a director, reported a sale of 400 shares of Asbury Automotive Group common stock on 08/22/2025 at a reported price of $254.4 per share. After the transaction, Calloway beneficially owned 5,295 shares directly. The filing is a Form 4 statement of changes in beneficial ownership and shows no derivative transactions or amendments. The document is signed by the reporting person on 08/25/2025.

Jed Milstein, identified as an officer (SVP & CHRO) of Asbury Automotive Group, Inc. (ticker ABG), reported a sale of 1,132 shares of the issuer's common stock on 08/22/2025 at a reported price of $253.26 per share. Following this transaction the Form 4 shows he beneficially owned 11,267 shares. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Dean Calloway, with a signature date of 08/25/2025. The filing identifies the reporting person as an officer with the title SVP & CHRO and lists the issuer as Asbury Automotive Group, Inc. (ABG).