Hult David W 4

What Happened
David W. Hult, President & CEO and a director of Asbury Automotive Group, received a grant of 6,216 restricted share units (RSUs) reported on Form 4 for the 2026-02-09 grant date. The filing lists the acquisition price as $0.00 (aggregate reported value $0), reflecting a non-cash equity award rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-09 (reported on Form 4 filed 2026-02-11). Filing appears timely (filed two days after the transaction).
• Transaction type/code: Award/Grant (A).
• Quantity/price: 6,216 restricted share units at $0.00 per unit (aggregate $0 in the filing).
• Shares owned following transaction: Not specified in the provided filing.
• Footnote: F1 — each restricted share unit converts into one share of common stock upon vesting; vesting occurs in three equal annual installments beginning on the first anniversary of the grant.
• No 10b5‑1 plan, tax-withholding sale, or sale of shares reported in this filing.

Context
RSU grants are a common form of executive compensation and represent a future right to receive shares if vesting conditions are met; they are not the same as an open‑market purchase and do not provide immediate liquidity. The three-year annual vesting schedule means the award will convert to shares over time if Hult remains employed and any other vesting conditions are satisfied.