Asbury Automotive (NYSE: ABG) director receives 932-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARITZ PHILIP F reported acquisition or exercise transactions in this Form 4 filing.
Asbury Automotive Group director Philip F. Maritz received a grant of 932 shares of common stock on February 9, 2026. The award was granted at a price of $0 per share as compensation for his service on the Board of Directors and vested immediately upon grant.
Following this restricted stock award, Maritz directly beneficially owns 7,864 shares of Asbury Automotive Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARITZ PHILIP F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 932 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,864 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ABG director Philip F. Maritz report?
Philip F. Maritz reported receiving a grant of 932 shares of Asbury Automotive Group common stock. The shares were awarded as compensation for serving on the Board of Directors and were granted at $0 per share, reflecting a non-cash equity award rather than an open-market purchase.
On what date did Philip F. Maritz receive the ABG stock award?
Philip F. Maritz received the Asbury Automotive Group common stock award on February 9, 2026. This date is listed as the transaction date for the grant of 932 restricted shares that vested immediately and increased his total directly held beneficial ownership to 7,864 shares.
Was the ABG insider transaction a purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. Philip F. Maritz acquired 932 shares of Asbury Automotive Group common stock through a restricted stock award granted as compensation for his Board of Directors service, with a reported price per share of $0 in the filing.
Did the ABG restricted stock award to Philip F. Maritz vest immediately?
Yes, the restricted stock award vested immediately upon grant. The footnote explains that the 932-share award was granted as compensation for serving as a member of the Board of Directors of Asbury Automotive Group and specifies that the award fully vested at the time it was granted.
Is Philip F. Maritz a director or officer of Asbury Automotive Group (ABG)?
Philip F. Maritz is reported as a director of Asbury Automotive Group. The Form 4 identifies his relationship to the issuer as Director and does not mark him as an officer or 10% owner, indicating his role is specifically tied to board service with associated equity compensation.