Tax withholding trims Asbury (NYSE: ABG) executive Jed Milstein stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asbury Automotive Group executive Jed Milstein reported tax-related share dispositions linked to equity vesting. On February 14, 119 and 211 shares of common stock were withheld at $229.44 per share to cover taxes upon vesting of previously granted restricted and performance share units, leaving him with directly owned shares reported after each transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Milstein Jed
Role
SVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 119 | $229.44 | $27K |
| Tax Withholding | Common Stock | 211 | $229.44 | $48K |
Holdings After Transaction:
Common Stock — 11,792 shares (Direct)
Footnotes (1)
- 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 14, 2023. 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 14, 2023.
FAQ
What insider transaction did Asbury Automotive Group (ABG) report for Jed Milstein?
Asbury Automotive Group reported that SVP & CHRO Jed Milstein had common shares withheld to satisfy taxes on vesting equity awards. Two tax-withholding dispositions occurred on February 14, tied to restricted share units and performance share units originally granted on February 14, 2023.