Asbury COO reports tax-withheld 302 ABG shares
Asbury Automotive Group’s Chief Operating Officer Clara Daniel reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Asbury Automotive Group’s Chief Operating Officer Clara Daniel reported a routine tax-related share disposition. On this Form 4, she had 302 shares of common stock withheld at $229.78 per share to cover taxes due on the vesting of restricted share units. After this tax-withholding disposition, she directly holds 9,228 shares of Asbury Automotive Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 302 shares
Exercise Price or Tax Liability
1 txn
Insider
Clara Daniel
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 302 | $229.78 | $69K |
Holdings After Transaction:
Common Stock — 9,228 shares (Direct)
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Asbury Automotive Group (ABG) report for Clara Daniel?
Asbury Automotive Group reported that Chief Operating Officer Clara Daniel had 302 shares of common stock withheld to pay taxes upon RSU vesting. This is classified as a tax-withholding disposition, not an open-market purchase or sale.
Was Clara Daniel’s Asbury Automotive Group Form 4 a normal tax-withholding event?
Yes. The Form 4 shows 302 shares of Asbury Automotive Group common stock withheld to satisfy tax obligations from vesting restricted share units. Such tax-withholding dispositions are common and do not represent discretionary open-market trading activity by the executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.