Welch Michael 4

What Happened

• Michael Welch, Senior Vice President & Chief Financial Officer of Asbury Automotive Group (ABG), was granted 2,664 restricted share units (RSUs) on February 9, 2026. The Form 4 reports the acquisition at $0 (the filing shows an acquisition code "A" — award/grant).
• Each RSU converts into one share of ABG common stock upon vesting. The grant will vest in three equal annual installments beginning on the first anniversary of the grant date.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (appears to be filed within the typical 2-business-day window).
• Transaction type: Award/Grant of restricted share units (code A).
• Shares/units granted: 2,664 RSUs; reported price: $0 on the Form 4.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — Each restricted share unit converts into one share upon vesting; vesting occurs in three equal annual installments starting on the first anniversary of the grant.

Context

• RSU grants are a common form of long-term compensation for executives and do not represent an immediate cash purchase or sale of shares. They generally align executive pay with long-term shareholder value but do not by themselves indicate buying or selling sentiment.