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Asbury Automotive HR chief reports 3,583-share stake

ASBURY AUTOMOTIVE GROUP INC (ABG) reported the initial equity holdings of officer Wendy Reynolds-Dobbs, SVP & CHRO, on a Form 3.

(Moderate)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

ASBURY AUTOMOTIVE GROUP INC (ABG) reported the initial equity holdings of officer Wendy Reynolds-Dobbs, SVP & CHRO, on a Form 3. She reports beneficial ownership of 3,583 shares of common stock, including unvested restricted share units and Performance Share Units that convert into common stock upon vesting.

The position includes 1,255 unvested restricted share units and 494 unvested Performance Share Units granted on February 20, 2024 and February 19, 2025. Vesting is scheduled on several dates between February 9, 2027 and February 9, 2029, at which time each unit will convert into one share of common stock.

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Insider Reynolds-Dobbs Wendy
Role SVP & CHRO
Type Security Shares Price Value
holding Common Stock F1 -- -- --
Holdings After Transaction: Common Stock — 3,583 shares (Direct)
Footnotes (1)
  1. F1. Includes 1,255 unvested restricted share units and 494 unvested Performance Share Units, for which performance achievement has been certified (i.e., those granted on February 20, 2024 and February 19, 2025). Each restricted share unit and performance share unit converts into one share of the Issuer's common stock upon vesting. Vesting will occur as follows: 240 shares will vest on February 9, 2027; 340 shares will vest on February 19, 2027; 347 shares will vest on February 20, 2027; 241 shares will vest on February 9, 2028; 340 shares will vest on February 19, 2028; and 241 shares will vest on February 9, 2029.
Common shares beneficially owned 3,583 shares Direct holdings reported by Wendy Reynolds-Dobbs on Form 3
Unvested restricted share units 1,255 units Included within the reported 3,583-share beneficial ownership
Unvested Performance Share Units 494 units Performance achievement certified for grants on February 20, 2024 and February 19, 2025
Vesting tranche 1 240 shares Scheduled to vest on February 9, 2027
Vesting tranche 2 340 shares Scheduled to vest on February 19, 2027
Final vesting tranche 241 shares Scheduled to vest on February 9, 2029
restricted share units financial
"Includes 1,255 unvested restricted share units and 494 unvested Performance Share Units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Performance Share Units financial
"Includes 1,255 unvested restricted share units and 494 unvested Performance Share Units"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
vesting financial
"Vesting will occur as follows: 240 shares will vest on February 9, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does ABG’s Form 3 filing disclose about Wendy Reynolds-Dobbs’ ownership?

It discloses that Wendy Reynolds-Dobbs, SVP & CHRO of ABG, has beneficial ownership of 3,583 shares of common stock, including both unvested restricted share units and unvested Performance Share Units that will convert into common stock upon vesting.

How many unvested restricted share units does the ABG officer hold?

Wendy Reynolds-Dobbs holds 1,255 unvested restricted share units. Each restricted share unit converts into one share of Asbury Automotive common stock when it vests, according to the Form 3 disclosure.

How many Performance Share Units are reported in the ABG Form 3?

The filing reports 494 unvested Performance Share Units for Wendy Reynolds-Dobbs. The company states that performance achievement for these units has been certified, and each unit will convert into one share of common stock upon vesting.

When will the reported ABG equity awards for the SVP & CHRO vest?

The vesting schedule runs from February 9, 2027 through February 9, 2029, with specific tranches vesting on February 9, 2027; February 19, 2027; February 20, 2027; February 9, 2028; February 19, 2028; and February 9, 2029.

Do the ABG restricted share units and Performance Share Units convert into common stock?

Yes. The Form 3 states that each restricted share unit and each Performance Share Unit converts into one share of Asbury Automotive common stock upon vesting, based on the specified vesting dates in 2027 through 2029.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Reynolds-Dobbs Wendy

(Last)(First)(Middle)
C/O ASBURY AUTOMOTIVE GROUP
6655 PEACHTREE DUNWOODY ROAD

(Street)
ATLANTA GEORGIA 30328

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
09/14/2026
3. Issuer Name and Ticker or Trading Symbol
ASBURY AUTOMOTIVE GROUP INC [ ABG ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & CHRO
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock3,583(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 1,255 unvested restricted share units and 494 unvested Performance Share Units, for which performance achievement has been certified (i.e., those granted on February 20, 2024 and February 19, 2025). Each restricted share unit and performance share unit converts into one share of the Issuer's common stock upon vesting. Vesting will occur as follows: 240 shares will vest on February 9, 2027; 340 shares will vest on February 19, 2027; 347 shares will vest on February 20, 2027; 241 shares will vest on February 9, 2028; 340 shares will vest on February 19, 2028; and 241 shares will vest on February 9, 2029.
Remarks:
Exhibit 24.1 Power of Attorney
/s/Dean Calloway, Attorney In-Fact09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

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