Briesemeister Nathan Edward 4
Research Summary
AI-generated summary
Asbury Automotive (ABG) VP Nathan Briesemeister Withholds 26 Shares
What Happened
- Nathan Edward Briesemeister, VP, Controller & CAO of Asbury Automotive Group (ABG), had 26 shares of common stock withheld to cover tax obligations upon the vesting of restricted stock units. The shares were recorded at $229.78 each, for a total value of $5,974. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-19
- Price per share: $229.78; total value: $5,974
- Shares withheld/ disposed: 26 (for tax withholding)
- Shares owned after transaction: not reported in the filing
- Footnote: The 26 shares were withheld to pay taxes on one-third of the RSUs that vested from the award granted on February 19, 2025 (Footnote F1).
- Filing: Report filed 2026-02-19; no late filing indicated.
Context
- This was a routine cashless tax-withholding related to RSU vesting, which is common when restricted shares vest; it does not represent an outright sale to the market and is generally not viewed as a direct signal of the insider's view on the stock.