ABG Form 4 reports acquisition/exercise transactions
Hult David W reported acquisition or exercise transactions in a Form 4 filing for ABG.
Rhea-AI Filing Summary
Hult David W reported acquisition or exercise transactions in a Form 4 filing for ABG. The filing lists transactions totaling 6,216 shares. Following the reported transactions, holdings were 81,646 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,216 shares
Grant/Award
1 txn
Insider
Hult David W
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,216 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 81,646 shares (Direct)
Footnotes (1)
- F1. Represents grant of restricted share units. Each restricted share unit converts into one share of the Issuer's common stock upon vesting. Vesting will occur in three equal annual installments beginning on the first anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ABG report for David W. Hult?
Asbury Automotive Group reported that President and CEO David W. Hult received a grant of 6,216 restricted share units of common stock at $0 per share. This is a non-market equity award classified as a grant, award, or other acquisition.
Does the ABG Form 4 involve derivative securities or only common stock?
The reported transaction involves common stock through restricted share units that convert one-for-one into common shares upon vesting. The table for derivative securities shows no separate options or other derivative instruments reported in this particular filing.
What role does David W. Hult hold at Asbury Automotive Group (ABG)?
David W. Hult is identified as both a director and an officer of Asbury Automotive Group, serving as President and CEO. His insider status requires reporting equity grants and other transactions in company stock on Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.