ABG officer reports tax-withheld share dispositions
ASBURY AUTOMOTIVE GROUP INC officer reports tax-withholding share dispositions related to equity vesting.
Rhea-AI Filing Summary
ASBURY AUTOMOTIVE GROUP INC officer reports tax-withholding share dispositions related to equity vesting. VP, Controller & CAO Nathan Edward Briesemeister had 32 shares and 31 shares of common stock withheld on February 14, 2026 at $229.44 per share to cover tax obligations upon vesting of restricted and performance share units granted on February 14, 2023. After these non-market tax-withholding dispositions, his directly held common stock position was reported as 1,883 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 63 shares
Exercise Price or Tax Liability
2 txns
Insider
Briesemeister Nathan Edward
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 32 | $229.44 | $7K |
| Exercise Price or Tax Liability | Common Stock | 31 | $229.44 | $7K |
Holdings After Transaction:
Common Stock — 1,883 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the restricted share units granted on February 14, 2023.
- F2. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the performance share units granted on February 14, 2023.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ASBURY AUTOMOTIVE GROUP INC (ABG) report for Nathan Edward Briesemeister?
ABG reported that VP, Controller & CAO Nathan Edward Briesemeister had shares of common stock withheld to pay taxes. Two Form 4 transactions on February 14, 2026 reflect tax-withholding dispositions tied to vesting equity awards, not open-market purchases or sales.
What is Nathan Briesemeister’s remaining direct ownership in ASBURY AUTOMOTIVE GROUP INC shares?
Following the reported tax-withholding dispositions, Nathan Briesemeister directly holds 1,883 ABG common shares. The Form 4 lists this figure as the total shares of common stock owned directly after the February 14, 2026 equity-related transactions.
Do the reported ABG insider transactions represent open-market selling activity?
The reported ABG insider transactions do not represent open-market sales. The Form 4 classifies both entries with code F as tax-withholding dispositions, meaning shares were withheld by the issuer to cover tax liabilities associated with vesting stock-based awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.