Clara Daniel 4
4 · ASBURY AUTOMOTIVE GROUP INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Asbury Automotive (ABG) COO Clara Daniel Receives Award; 453 Shares Withheld
What Happened
- Clara Daniel, Chief Operating Officer of Asbury Automotive Group (ABG), had 3,056 performance share units (PSUs) convert into 3,056 shares on March 5, 2026 (award/acquisition, code A). Simultaneously, 453 of those shares were withheld to satisfy tax withholding obligations (code F) at a withholding value of $212.48 per share, totaling $96,253. The award shares were reported at $0.00 per share (typical for PSU vesting).
Key Details
- Transaction dates: March 5, 2026 (vesting/conversion and tax withholding); Form filed March 9, 2026 (timely).
- Award: 3,056 PSUs converted into 3,056 common shares (code A); reported acquisition price $0.00.
- Tax withholding: 453 shares withheld (code F) at $212.48 each, total withheld value $96,253.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — PSUs were granted Feb 19, 2025; one-third vested upon certification on Mar 5, 2026, with remaining tranches vesting Feb 19, 2027 and Feb 19, 2028. F2 — the 453-share disposition represents shares withheld to pay required taxes upon vesting/conversion.
- Filing timeliness: Form 4 filed within the reporting window (filed Mar 9 for Mar 5 transactions).
Context
- This was a vesting of performance-based equity, not an open-market sale or purchase by the insider. The 453-share disposition is a налог withholding/cashless withholding to meet tax obligations, a common administrative action when awards vest. The remaining vested shares (after withholding) remain with the insider unless otherwise sold.
Insider Transaction Report
Form 4
Clara Daniel
Chief Operating Officer
Transactions
- Award
Common Stock
[F1]2026-03-05+3,056→ 11,682 total - Tax Payment
Common Stock
[F2]2026-03-05$212.48/sh−453$96,253→ 11,229 total
Footnotes (2)
- [F1]Represents a grant of performance share units upon the Issuer having met certain performance objectives, which objectives were certified as having been met on March 5, 2026. Each performance share unit converts into one share of the Issuer's common stock upon vesting. One-third of the performance share units granted on February 19, 2025 vested upon certification of the objectives having been met, which occurred on March 5, 2026, an additional one-third vests on February 19, 2027 and the remaining one-third vests on February 19, 2028.
- [F2]Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of performance share units, and the conversion of such units into shares of the Issuer's common stock, granted on February 19, 2025.
Signature
/s/Dean Calloway, Attorney In-Fact|2026-03-09