Asbury Automotive (ABG) awards 333 RSUs to company executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asbury Automotive Group executive Nathan Edward Briesemeister, VP, Controller & CAO, received a grant of 333 shares of common stock in the form of restricted share units at $0 per share. Each unit will convert into one share upon vesting, in three equal annual installments starting on the first anniversary of the February 9, 2026 grant date. Following this award, he beneficially owns 1,946 shares of Asbury common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Briesemeister Nathan Edward
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 333 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,946 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Asbury Automotive Group (ABG) report for Nathan Edward Briesemeister?
Asbury Automotive Group reported that executive Nathan Edward Briesemeister received a grant of 333 restricted share units. These units represent common stock awarded at $0 per share and increase his directly held beneficial ownership to 1,946 Asbury common shares.
What type of equity award did Asbury (ABG) grant to its VP, Controller & CAO?
Asbury granted its VP, Controller & CAO, Nathan Edward Briesemeister, 333 restricted share units. Each restricted share unit converts into one share of Asbury’s common stock when it vests, providing him with equity-based compensation instead of a cash transaction.
Was the Asbury (ABG) insider award a cash purchase or a no-cost grant?
The award was a no-cost grant, not a cash purchase. The Form 4 shows 333 shares acquired at a price of $0 per share, reflecting an equity grant categorized as a grant, award, or other acquisition rather than an open-market buy.
What transaction code was used for the Asbury (ABG) insider’s equity grant?
The transaction used code A, indicating a grant, award, or other acquisition of securities. In this case, it reflects the issuance of 333 restricted share units to executive Nathan Edward Briesemeister, which will convert into common shares as the units vest over time.