[144] Asbury Automotive Group, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Asbury Automotive Group, Inc. (ABG) reports a proposed sale of 400 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $101,761.56 and approximately 19,660,638 shares outstanding. The shares were acquired via restricted stock vesting on 02/03/2023 and 02/04/2023, paid in cash at vesting, totaling 400 shares (276 and 124 shares respectively). No securities were reported sold by the reporting person in the past three months. The filer affirms they have no undisclosed material adverse information about the issuer and includes the required attestation language about trading plans and criminal penalties for misstatements.

Insights

Securities Analyst

TL;DR: Routine insider sale notice for 400 shares via broker, standard compliance with Rule 144 reporting requirements.

The Form 144 documents a proposed sale of 400 vested restricted shares through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $101,761.56. The filing identifies the acquisition as restricted stock vesting under a registered plan and notes cash payment at vesting. There are no reported sales in the prior three months, which suggests this is an isolated compliance-driven disposition rather than part of an active selling pattern. The filing includes the required representation that the seller lacks undisclosed material adverse information.

Compliance Officer

TL;DR: Document appears complete for Rule 144 notice standards and contains the standard attestations required by the form.

The submission names the executing broker and provides date-of-acquisition, nature of acquisition (restricted stock vesting), and payment details for the 400 shares. It also states there were no sales in the past three months and includes the explicit signed attestation language about material information and trading plans. From a compliance perspective, the form satisfies the principal disclosure elements required for a Rule 144 notice of proposed sale.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	400	101761.56	19660638	08/22/2025	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	02/04/2023	Restricted stock vesting under a registered plan	Issuer			276	02/04/2023	Cash
Common	02/03/2023	Restricted stock vesting under a registered plan	Issuer			124	02/03/2023	Cash

* 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 form reports a proposed sale of 400 shares of ABG common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $101,761.56.

When were the shares to be sold acquired?

The shares were acquired via restricted stock vesting on 02/03/2023 (124 shares) and 02/04/2023 (276 shares).

Was any cash paid for the acquired shares?

Yes. The filing indicates payment in cash at the time of vesting for both acquisition dates.

Were there any other sales by the reporting person in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Through which broker and exchange is the sale proposed?

The proposed sale is through Morgan Stanley Smith Barney LLC on the NYSE.