Asbury Automotive (ABG) SVP & CFO receives 2,664-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asbury Automotive Group’s Senior Vice President and Chief Financial Officer Michael Welch reported an award of 2,664 shares of common stock on February 9, 2026. The award is in the form of restricted share units that each convert into one common share upon vesting.
The restricted share units vest in three equal annual installments beginning on the first anniversary of the grant date. After this award, Welch beneficially owns 15,227 shares of Asbury Automotive Group common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Welch Michael
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,664 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,227 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Asbury Automotive (ABG) report for Michael Welch?
Asbury Automotive reported that SVP and CFO Michael Welch received an award of 2,664 restricted share units on February 9, 2026. Each unit converts into one share of common stock upon vesting, increasing his directly owned stake to 15,227 shares after the transaction.
Was Michael Welch’s Asbury (ABG) equity award a purchase or a grant?
The filing shows a grant or award acquisition, not an open-market purchase. Michael Welch received 2,664 restricted share units at a price of $0 per share, reported under transaction code A, which denotes a grant, award, or other acquisition of securities.
What role does Michael Welch hold at Asbury Automotive (ABG) in this Form 4?
Michael Welch is identified as an officer of Asbury Automotive Group, serving as Senior Vice President and Chief Financial Officer. The Form 4 reports his directly owned equity position, including the newly granted 2,664 restricted share units tied to the company’s common stock.