[Form 4] ASBURY AUTOMOTIVE GROUP INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asbury Automotive Group SVP & CHRO Jed Milstein reported mixed equity transactions in company common stock. He acquired 2,038 shares on March 5, 2026 through the vesting of performance share units granted on February 19, 2025, after performance objectives were certified as met.
Each performance share unit converts into one share of common stock upon vesting. One-third vested on March 5, 2026, with additional thirds scheduled to vest on February 19, 2027 and February 19, 2028. On the same date, 302 shares at $212.48 per share were disposed of to cover tax withholding, leaving 12,574 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Milstein Jed
Role
SVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,038 | $0.00 | -- |
| Tax Withholding | Common Stock | 302 | $212.48 | $64K |
Holdings After Transaction:
Common Stock — 12,876 shares (Direct)
Footnotes (1)
- Represents a grant of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 5, 2026. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One-third of the performance share units granted on February 19, 2025 vested upon certification of the objectives having been met, which occurred on March 5, 2026, an additional one-third vests on February 19, 2027 and the remaining one-third vests on February 19, 2028. Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on February 19, 2025.