Asbury Automotive (NYSE: ABG) COO logs equity grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asbury Automotive Group Chief Operating Officer Clara Daniel reported equity compensation activity involving the company’s common stock. On March 5, 2026, she acquired 3,056 shares through the vesting and conversion of previously granted performance share units after performance objectives were certified as met. In a related move, 453 shares were withheld at $212.48 per share to cover tax obligations tied to that vesting. Following these transactions, Daniel directly owned 11,229 shares of Asbury Automotive Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Clara Daniel
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,056 | $0.00 | -- |
| Tax Withholding | Common Stock | 453 | $212.48 | $96K |
Holdings After Transaction:
Common Stock — 11,682 shares (Direct)
Footnotes (1)
- Represents a grant of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 5, 2026. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One-third of the performance share units granted on February 19, 2025 vested upon certification of the objectives having been met, which occurred on March 5, 2026, an additional one-third vests on February 19, 2027 and the remaining one-third vests on February 19, 2028. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on February 19, 2025.
FAQ
What insider transactions did ABG’s COO report on this Form 4?
Asbury Automotive Group’s COO Clara Daniel reported an equity grant acquisition and a tax-withholding disposition. She acquired 3,056 common shares from performance share unit vesting, while 453 shares were withheld to satisfy related tax obligations on March 5, 2026.
Does this ABG Form 4 indicate any open-market buying or selling by the COO?
The Form 4 shows an equity award vesting and tax-share withholding, not open-market trades. Shares were acquired via performance share unit conversion and a portion was withheld to cover taxes, so no explicit open-market buying or selling is reported here.