Briesemeister Nathan Edward 4
Research Summary
AI-generated summary
Asbury Automotive (ABG) VP Nathan Briesemeister Receives Award
What Happened
- Nathan Edward Briesemeister, VP, Controller & CAO of Asbury Automotive Group, received a grant of 333 restricted share units (RSUs) on February 9, 2026. The reported acquisition price is $0.00 (grant), so no cash was paid at grant.
- This was an award/compensation grant (not a purchase or sale) and does not itself change market exposure until the RSUs vest and convert into shares.
Key Details
- Transaction date and price: 2026-02-09; 333 RSUs @ $0.00.
- Shares owned after transaction: Not reported in this filing.
- Footnote: F1 — Each RSU converts into one share of the issuer's common stock upon vesting. Vesting occurs in three equal annual installments beginning on the first anniversary of the grant date.
- Filing timeliness: Report filed 2026-02-11 (two days after the grant) — appears to be a timely Form 4 filing.
Context
- These RSUs are restricted share awards that will turn into common stock over time per the stated vesting schedule; they are compensation, not an immediate market purchase or sale.
- Such grants are routine for executives and reflect equity-based compensation rather than an immediate statement of buying or selling sentiment.