ABG CFO reports 282-share tax withholding
Asbury Automotive Group SVP & CFO Michael Welch reported a small insider transaction involving company common stock.
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Rhea-AI Filing Summary
Asbury Automotive Group SVP & CFO Michael Welch reported a small insider transaction involving company common stock. On February 19, he disposed of 282 shares at a price of $229.78 per share in a transaction coded as a tax-withholding disposition. This was not an open-market sale, but shares withheld by the company to cover taxes due when one-third of previously granted restricted share units vested. After this withholding event, Welch directly owned 14,482 shares of Asbury Automotive Group common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 282 | $229.78 | $65K |
Footnotes (1)
- 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 19, 2025.
FAQ
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What insider transaction did ABG executive Michael Welch report?
Was the ABG Form 4 transaction an open-market sale of stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.