ABG Form 144: Proposed Sale of 625 Shares Valued $151,668
Form 144 notice for Asbury Automotive Group (ABG) reports a proposed sale of 625 common shares through Charles Schwab on the NYSE with an aggregate market value of $151,668.00.
Rhea-AI Filing Summary
Form 144 notice for Asbury Automotive Group (ABG) reports a proposed sale of 625 common shares through Charles Schwab on the NYSE with an aggregate market value of $151,668.00. The filing lists the number of shares outstanding as 19,660,638 and an approximate sale date of 08/19/2025.
The securities were acquired as employee compensation in two grants: 387 shares on 02/15/2023 and 238 shares on 02/20/2024. The filer reports no securities sold in the past three months and signs the required representation that no undisclosed material adverse information is known.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice disclosing broker, grant dates, and intended sale of 625 shares valued at $151,668.
This Form 144 is a procedural disclosure required under Rule 144. It identifies the broker, intended sale date, number of shares, and acquisition details showing the shares were received as employee compensation. The filer also certifies no undisclosed material adverse information. There is no indication of prior sales in the last three months, which supports aggregation and compliance checks. The filing contains the key fields regulators and market participants expect for such a notice.
TL;DR: Transparent reporting of a small planned sale by a holder of employee compensation shares; not material to company control.
The notice documents a modest proposed sale and provides acquisition provenance (two compensation grants). For governance and disclosure purposes, this satisfies public notification requirements and the attestation about material information. Given the size relative to total shares outstanding, the transaction appears routine and not governance-changing based on the filing alone.
FAQ
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What does the Form 144 for ABG report?
When is the approximate sale date listed on the ABG Form 144?
Does the Form 144 report any securities sold in the past three months by this person?
Which broker and exchange are specified in the filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.