MARITZ PHILIP F 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Asbury Automotive (ABG) Director Philip Maritz Receives Award
What Happened
Philip Maritz, a director of Asbury Automotive Group (ABG), was granted 932 restricted shares on Feb 9, 2026 as compensation for board service. The Form 4 reports an acquisition price of $0.00 (total reported value $0), and the award vested immediately upon grant.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (appears timely).
- Transaction type/code: A — Award/Grant of restricted stock.
- Shares granted and acquired: 932 restricted shares at $0.00 per share (total reported acquisition $0).
- Vesting: The award vested immediately upon grant (see footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Notes: Footnote F1 states the grant was compensation for serving as a board member.
Context
This was a compensation award, not a purchase or sale. Such grants are routine board compensation and do not by themselves indicate the director’s market view. The $0 acquisition price on Form 4 reflects that no cash purchase occurred; it does not indicate the market value of the shares.
Insider Transaction Report
Form 4
MARITZ PHILIP F
Director
Transactions
- Award
Common Stock
[F1]2026-02-09+932→ 7,864 total
Footnotes (1)
- [F1]Restricted stock award granted as compensation for serving as a member of the Board of Directors of the Issuer. Such award vested immediately upon grant.
Signature
/s/Dean Calloway, Attorney In-Fact|2026-02-11