Asbury Automotive (ABG) Form 144 Files 625-Share Sale via Schwab

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.

Insights

Securities Compliance Analyst

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.

Corporate Governance Expert

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.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corporation 3000 Schwab Way Westlake TX 76262	625	151668.00	19660638	08/19/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/15/2023	Employee Compensation	Issuer			387	02/15/2023	Employee Compensation
Common	02/20/2024	Employee Compensation	Issuer			238	02/20/2024	Employee Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for ABG report?

The filing reports a proposed sale of 625 common shares of Asbury Automotive Group (ABG) with an aggregate market value of $151,668.00 via Charles Schwab on the NYSE.

When is the approximate sale date listed on the ABG Form 144?

The approximate date of sale is listed as 08/19/2025.

How and when were the shares being sold acquired according to the filing?

All shares were acquired as employee compensation: 387 shares on 02/15/2023 and 238 shares on 02/20/2024.

Does the Form 144 report any securities sold in the past three months by this person?

The filing states "Nothing to Report" for securities sold during the past three months.

Which broker and exchange are specified in the filing?

The broker is listed as Charles Schwab Corporation, 3000 Schwab Way, Westlake TX 76262 and the exchange is the NYSE.