Asbury VP withholds 62 shares for tax on vesting
Asbury Automotive Group VP, Controller & CAO Nathan Edward Briesemeister reported share dispositions related to tax withholding, not open‑market selling.
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.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 34 | $223.21 | $8K |
| Exercise Price or Tax Liability | Common Stock | 28 | $223.21 | $6K |
Footnotes (2)
- F1. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the restricted share units granted on February 20, 2024.
- F2. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the performance share units granted on February 20, 2024.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.