Morrison Maureen F 4

What Happened
Maureen F. Morrison, a director of Asbury Automotive Group, was granted 932 shares of restricted stock on 2026-02-09. The Form 4 reports the award as an acquisition (code A) at $0.00 per share (total reported value $0). The award vested immediately upon grant, per the filing footnote. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-09 (filed with the SEC on 2026-02-11). The filing was submitted two days after the grant, which appears to be within the typical two-business-day Section 16 reporting window.
• Transaction type and amount: Restricted stock award (A) — 932 shares at $0.00; total reported consideration $0.
• Vesting: Footnote F1 states the restricted stock award was granted as board compensation and vested immediately upon grant.
• Shares owned after transaction: Not specified in the provided filing summary.
• No 10b5-1 plan, tax‑withholding, or sale noted in this transaction.

Context
Restricted stock awards given to directors are a common form of compensation for board service. Because this award vested immediately, Morrison gained full ownership of the shares at grant; that does not necessarily signal a buy or sell decision by the director. The reported $0 consideration reflects how the award is recorded on the Form 4, not the market value of the shares.