Asbury SVP Milstein reports tax share withholding
Asbury Automotive Group executive Jed Milstein reported tax-related share dispositions linked to equity vesting.
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
Exercise Price or Tax Liability: 330 shares
Exercise Price or Tax Liability
2 txns
Insider
Milstein Jed
Role
SVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 119 | $229.44 | $27K |
| Exercise Price or Tax Liability | Common Stock | 211 | $229.44 | $48K |
Holdings After Transaction:
Common Stock — 11,581 shares (Direct)
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 14, 2023.
- 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 14, 2023.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.