Asbury Automotive Group (NYSE: ABG) SVP sells 948 shares around $250
Rhea-AI Filing Summary
Asbury Automotive Group Inc. executive Jed Milstein, SVP & CHRO, reported selling 948 shares of common stock on 2026-07-29 in an open-market transaction at a weighted average price of $250.2751 per share, within a $250.08–$250.33 range, leaving 11,259 shares held directly. The trade was not reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 948 shares
Net Sell
1 txn
Insider
Milstein Jed
Role
SVP & CHRO
Sold
948 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 948 | $250.2751 | $237K |
Holdings After Transaction:
Common Stock — 11,259 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average share price of an aggregate total of 948 shares of Issuer's common stock sold in the price range of $250.08 to $250.33 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the Issuer or security holder, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 948 shares
Weighted average sale price: $250.2751 per share
Shares owned after sale: 11,259 shares
3 metrics
Shares sold
948 shares
Common stock sold by Jed Milstein on 2026-07-29
Weighted average sale price
$250.2751 per share
Average price for 948 shares sold in the $250.08–$250.33 range
Shares owned after sale
11,259 shares
Direct common stock holdings reported following the transaction
Key Terms
weighted average share price, Rule 10b5-1, open market or private transaction
3 terms
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox is not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ABG executive Jed Milstein report?
Jed Milstein reported selling 948 shares of Asbury Automotive Group common stock on 2026-07-29. The sale was an open-market transaction at a weighted average price of $250.2751 per share, with prices ranging between $250.08 and $250.33.
Was Jed Milstein’s ABG stock sale under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, and the trade is not described as being pursuant to a 10b5-1 trading plan. It is therefore reported as a discretionary open-market sale rather than a pre-arranged trading-plan transaction.
What does the Form 4 say about ABG sale price details for Milstein?
The Form 4 notes the disclosed price is a weighted average for 948 shares sold between $250.08 and $250.33. It also states that Jed Milstein will provide full information on the number of shares sold at each separate price upon request.
What role does Jed Milstein hold at Asbury Automotive Group (ABG)?
Jed Milstein is reported as an officer of Asbury Automotive Group Inc., serving as SVP & CHRO (Senior Vice President & Chief Human Resources Officer). His status is disclosed alongside the 948-share sale of common stock in this insider transaction report.