ASBURY AUTOMOTIVE GROUP INC·4

Feb 18, 4:20 PM ET

Clara Daniel 4

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Asbury Automotive (ABG) COO Clara Daniel Withholds Shares for Taxes

What Happened Clara Daniel, Chief Operating Officer of Asbury Automotive Group (ABG), had a total of 527 shares withheld to satisfy tax obligations when equity awards vested on February 14, 2026. The filing shows two withholding dispositions: 217 shares at $229.44 each (value $49,788) and 310 shares at $229.44 each (value $71,126), for a combined value of $120,914. These were tax-withholding transactions (code F) tied to the vesting of restricted share units (RSUs) and performance share units (PSUs), not open-market sales.

Key Details

  • Transaction date: 2026-02-14; Form 4 filed 2026-02-18 (four days after the transactions).
  • Price(s): $229.44 per share for both withholdings.
  • Shares withheld: 217 (RSU withholding) and 310 (PSU withholding); total 527 shares; total value $120,914.
  • Footnotes: F1 = shares withheld to pay taxes on one‑third of RSUs granted Feb 14, 2023; F2 = shares withheld to pay taxes on one‑third of PSUs granted Feb 14, 2023.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Transaction type: tax withholding upon vesting (routine), not a voluntary open-market sale (code F).

Context Withholding shares to cover taxes on vested RSUs/PSUs is a common administrative action and typically does not signal a change in an insider’s view of the company. This was not a purchase; it was a non-cash disposition to satisfy tax liability. For full ownership and timing details, consult the complete Form 4 filing (Accession No. 0001144980-26-000033).