RYAN BERMAN BRIDGET 4
Research Summary
AI-generated summary
Asbury Automotive (ABG) Director Ryan Berman Bridget Receives 932 Shares
What Happened
- Ryan Berman Bridget, a director of Asbury Automotive Group, received a grant of 932 restricted shares on 2026-02-09. The Form 4 reports the acquisition at $0.00 per share (total reported value $0) and notes the award vested immediately. This was an award/compensation transaction (code A), not a market purchase or sale.
Key Details
- Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (timely filing).
- Reported price: $0.00 per share; reported total value: $0.
- Shares acquired: 932 restricted shares; award vested immediately upon grant (see footnote).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: award granted as compensation for serving as a member of the Board of Directors and vested immediately.
- Filing appears timely (within the standard two business days for Form 4).
Context
- Board compensation in the form of restricted stock is common and typically reflects routine director pay rather than a buy/sell signal. Immediate vesting means the director owns the shares outright upon grant. The $0.00 price on the Form 4 reflects the reporting format for awards, not the market value of the shares.