Milstein Jed 4

What Happened
Jed Milstein, SVP & CHRO of Asbury Automotive Group, received a grant of 1,776 restricted share units (RSUs) on 2026-02-09. The Form 4 reports an acquisition at $0.00 per unit (award/grant). Each RSU converts into one share of Asbury common stock upon vesting.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (timely filing).
• Transaction type/code: Award/Grant (A).
• Amount: 1,776 restricted share units; reported acquisition price: $0.00.
• Vesting: Converts 1:1 to common shares; vests in three equal annual installments beginning on the first anniversary of the grant (per footnote).
• Shares owned after transaction: not specified on the provided filing.
• No sale, tax-withholding, or 10b5-1 plan indicated in this filing.

Context
RSUs are a form of compensation, not an immediate cash purchase; they only become company stock as they vest and typically cannot be sold until vested. Awards like this are common executive compensation and do not by themselves indicate insider buying or selling intent.