Tax-withholding share dispositions by ABG (NYSE: ABG) VP and CAO
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Briesemeister Nathan Edward
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 32 | $229.44 | $7K |
| Tax Withholding | Common Stock | 31 | $229.44 | $7K |
Holdings After Transaction:
Common Stock — 1,914 shares (Direct)
Footnotes (1)
- 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. 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
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.