Clara Daniel 4
Research Summary
AI-generated summary
Asbury Automotive (ABG) COO Clara Daniel Receives 2,664-Unit Award
What Happened
Clara Daniel, Chief Operating Officer of Asbury Automotive Group (ABG), was granted 2,664 restricted share units (RSUs) on February 9, 2026. The reported acquisition price is $0.00 (a compensation grant), so no cash was paid; the reported value at grant is $0. Each RSU converts into one share of common stock upon vesting.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (timely within the standard reporting window).
- Transaction type: Award/Grant (code A); 2,664 RSUs granted at $0.00.
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnote: Each RSU converts into one share on vesting. Vesting occurs in three equal annual installments beginning on the first anniversary of the grant date (i.e., roughly 888 RSUs vest each year, subject to plan terms).
- No 10b5-1 plan, tax-withholding, or cashless-sale details were reported in the provided data.
Context
RSU grants are a form of compensation and do not represent an open-market purchase or sale. They become shares only as they vest, so this award increases potential future share ownership rather than immediately changing market holdings. Retail investors may view grants as routine executive compensation rather than a direct bullish or bearish trading signal.