ASBURY AUTOMOTIVE GROUP INC·4

Feb 18, 4:19 PM ET

Briesemeister Nathan Edward 4

4 · ASBURY AUTOMOTIVE GROUP INC · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

ASBURY (ABG) VP Nathan Briesemeister Withholds Shares for Taxes

What Happened

  • Nathan Edward Briesemeister, VP, Controller & CAO of Asbury Automotive Group (ABG), had 63 shares of ABG common stock withheld to satisfy tax withholding obligations tied to the vesting of equity awards. The withholding occurred on 2026-02-14 at an effective price of $229.44 per share, resulting in disposals shown as $7,342 (32 shares) and $7,113 (31 shares), for a combined value of approximately $14,455.
  • This is a routine tax-withholding disposition (transaction code F) associated with the vesting of equity awards, not an open-market sale.

Key Details

  • Transaction date: 2026-02-14; Form 4 filed: 2026-02-18 (filing appears timely under SEC 2-business-day rule).
  • Prices and amounts reported: 32 shares @ $229.44 = $7,342; 31 shares @ $229.44 = $7,113; total 63 shares ≈ $14,455.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: F1 = shares withheld for taxes on vesting of one-third of restricted share units (RSUs) granted 2023-02-14. F2 = shares withheld for taxes on vesting of one-third of performance share units (PSUs) granted 2023-02-14.
  • Transaction code F indicates shares were surrendered/withheld to satisfy tax withholding (net settlement), not a market sale.

Context

  • Withholding to cover taxes on vested RSUs/PSUs is a common administrative transaction and typically does not signal a change in insider sentiment; it reduces outstanding shares held by the insider but is not an open-market disposition.
  • For retail investors, purchases are generally more informative than routine tax withholding; this filing reflects standard compensation settlement.

Insider Transaction Report

Form 4
Period: 2026-02-14
Briesemeister Nathan Edward
VP, Controller & CAO
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-02-14$229.44/sh32$7,3421,914 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-14$229.44/sh31$7,1131,883 total
Footnotes (2)
  • [F1]Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the restricted share units granted on February 14, 2023.
  • [F2]Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the performance share units granted on February 14, 2023.
Signature
/s/Dean Calloway, Attorney In-Fact|2026-02-18

Documents

1 file
  • 4
    wk-form4_1771449555.xmlPrimary

    FORM 4