Asbury Automotive (ABG) Form 144 for 1,132-share NYSE sale
Rhea-AI Filing Summary
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.
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FAQ
What does Asbury Automotive Group (ABG) disclose in this Form 144 filing?
The filing discloses a planned sale under Rule 144 of 1,132 shares of ABG common stock on the NYSE, with an aggregate market value of $266,314.32.
How many ABG shares are planned to be sold and on which exchange?
The notice covers 1,132 shares of ABG common stock to be sold through Morgan Stanley Smith Barney LLC on the NYSE.
What is the stated market value of the ABG shares in this Form 144?
The Form 144 indicates an aggregate market value of $266,314.32 for the 1,132 ABG common shares to be sold.
How many Asbury Automotive (ABG) shares are outstanding according to this notice?
The document states that there are 19,440,558 shares of ABG common stock outstanding.
Where did the ABG shares being sold under Rule 144 come from?
The shares come from restricted stock vesting under a registered plan on 02/14/2025 (685 shares), 02/20/2025 (80 shares), and 03/06/2025 (367 shares).
What representation does the seller make in this ABG Form 144?
The seller represents that they do not know of any material adverse information about ABG’s current or prospective operations that has not been publicly disclosed.
Is the ABG Form 144 filing related to gifts or cashless payments?
The table indicates the transactions are restricted stock vesting under a registered plan and lists the nature of payment as Not Applicable, with no gift box marked.