Asbury (NYSE: ABG) CAO has 62 shares withheld for tax on vesting
Rhea-AI Filing Summary
Asbury Automotive Group VP, Controller & CAO Nathan Edward Briesemeister reported share dispositions related to tax withholding, not open‑market selling. On February 20, 2026, a total of 62 shares of common stock were withheld at $223.21 per share to cover taxes upon the vesting of restricted share units and performance share units granted on February 20, 2024. After these transactions, he directly owned 1,795 shares of Asbury common stock.
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FAQ
What insider transaction did ABG executive Nathan Briesemeister report?
He reported a tax-withholding disposition of Asbury common stock. In two Form 4 transactions, a combined 62 shares were withheld at $223.21 per share to cover taxes on vested equity awards.
How many Asbury (ABG) shares were involved in the February 20, 2026 Form 4?
The Form 4 shows 62 shares of Asbury common stock withheld. One transaction covered 34 shares and the other 28 shares, both tied to tax obligations on vesting stock units.
Was the ABG Form 4 a regular sale or a tax withholding event?
The Form 4 reflects a tax-withholding event, not an open-market sale. Shares were withheld to pay taxes when restricted share units and performance share units vested on February 20, 2026.
What price was used for the ABG tax-withholding share dispositions?
The dispositions used a price of $223.21 per share. This price applied to both transactions, where a total of 62 shares of Asbury common stock were withheld to satisfy tax liabilities.
How many Asbury (ABG) shares does Nathan Briesemeister own after these transactions?
After the reported tax-withholding dispositions, Nathan Briesemeister directly owns 1,795 shares of Asbury common stock. This reflects his updated direct ownership following the February 20, 2026 vesting-related events.
What equity awards triggered the ABG tax-withholding share dispositions?
The dispositions were tied to the vesting of restricted share units and performance share units. Specifically, they covered one-third of awards originally granted on February 20, 2024, when those portions vested.