Hult David W 4

What Happened

• David W. Hult, President & CEO and Director of Asbury Automotive Group (ABG), had 1,409 shares withheld on February 19, 2026 to satisfy his tax liability upon vesting of restricted stock units. The withholding was at a per-share value of $229.78, totaling $323,760. This is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-19 at $229.78 per share
• Shares withheld/disposed: 1,409 shares for taxes
• Total value of shares withheld: $323,760
• Shares owned after transaction: Not specified in the filing
• Footnote: Represents shares withheld to pay taxes on one-third of RSUs granted on February 19, 2025 (Footnote F1)
• Filing timeliness: Report filed 2026-02-19 (same day), indicating a timely disclosure

Context

• This was a routine tax-withholding related to vested restricted share units (RSUs), not an active sale into the market. Withholding to cover taxes reduces the insider's outstanding shares but does not necessarily signal a change in sentiment about the company.