Asbury Automotive (NYSE: ABG) director awarded 932 shares, 327 withheld for taxes
Rhea-AI Filing Summary
Asbury Automotive Group director Shamla Naidoo reported equity compensation and related tax withholding. On February 9, 2026, Naidoo received a grant of 932 shares of common stock as a restricted stock award for Board service, which vested immediately upon grant. On the same date, 327 shares of common stock were withheld to cover taxes due upon vesting of restricted share units granted on February 9, 2026. Following these transactions, Naidoo directly beneficially owned 1,068 shares of Asbury Automotive Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 605 shares
Net Buy
2 txns
Insider
Naidoo Shamla
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 932 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 327 | $225.21 | $74K |
Holdings After Transaction:
Common Stock — 1,068 shares (Direct)
Footnotes (2)
- F1. Restricted stock award granted as compensation for serving as a member of the Board of Directors of the Issuer. Such award vested immediately upon grant.
- F2. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of restricted share units granted on February 9, 2026.
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FAQ
What equity compensation did Asbury Automotive Group (ABG) director Shamla Naidoo receive?
Director Shamla Naidoo received a grant of 932 shares of Asbury Automotive Group common stock. The filing states this was a restricted stock award granted as compensation for serving on the Board of Directors and that the award vested immediately upon grant on February 9, 2026.
What transaction codes are used in this Asbury Automotive Group (ABG) Form 4?
The Form 4 uses transaction code A for the acquisition of 932 shares as a grant or award, and code F for the disposition of 327 shares. Code F is defined as delivering securities to pay an exercise price or satisfy a tax liability.