Asbury Automotive (NYSE: ABG) COO logs 302-share tax withholding on RSU vest
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Clara Daniel
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 302 | $229.78 | $69K |
Holdings After Transaction:
Common Stock — 9,228 shares (Direct)
Footnotes (1)
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FAQ
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.