Asbury Automotive (NYSE: ABG) SVP awarded 1,776 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asbury Automotive Group executive Calloway Dean, SVP, General Counsel & Secretary, reported receiving a grant of 1,776 restricted share units of Asbury common stock on February 9, 2026. Each unit will convert into one share of common stock as it vests.
The award vests in three equal annual installments, beginning on the first anniversary of the grant date. After this grant, Dean directly beneficially owns 7,071 shares of Asbury Automotive Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Calloway Dean
Role
SVP, General Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,776 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,071 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Calloway Dean report for Asbury Automotive Group (ABG)?
Calloway Dean reported receiving 1,776 restricted share units of Asbury Automotive Group common stock as a grant on February 9, 2026. The Form 4 shows this as a grant, not an open-market purchase, with shares held directly after the transaction totaling 7,071.
What type of equity award did Asbury Automotive Group (ABG) grant to Calloway Dean?
Asbury Automotive Group granted restricted share units to Calloway Dean. The filing states that 1,776 restricted share units were awarded, and each unit converts into one share of the issuer’s common stock upon vesting, providing stock-based compensation rather than an immediate cash transaction.
What is Calloway Dean’s role at Asbury Automotive Group (ABG) in the Form 4 filing?
The Form 4 identifies Calloway Dean as an officer of Asbury Automotive Group, serving as “SVP, General Counsel & Sec.” This role classification appears in the relationship section, confirming the transaction involves a senior executive subject to Section 16 reporting requirements.
Was the Asbury Automotive Group (ABG) Form 4 transaction a purchase or a grant?
The filing describes the transaction as a grant, award, or other acquisition under code “A,” not an open-market purchase. A total of 1,776 restricted share units were granted at a price of $0 per unit, reflecting stock-based compensation to the reporting officer.