DiSantis B. Christopher 4
Research Summary
AI-generated summary
Asbury Automotive Director Christopher DiSantis Buys Stock, Receives Award
What Happened Christopher DiSantis, a member of the Board of Directors of Asbury Automotive Group (ABG), made two transactions. On 2026-03-10 he bought 500 shares in an open-market purchase at $202.30 per share for a total of $101,150. On 2026-03-11 he was granted 843 restricted shares as compensation for board service; the award was recorded at $0 and vested immediately per the filing.
Key Details
- Transaction dates and prices:
- 2026-03-10: Open-market purchase (P) — 500 shares @ $202.30 ($101,150 total)
- 2026-03-11: Restricted stock award (A) — 843 shares @ $0.00 (vested immediately)
- Shares owned after transaction: Not specified in the portions provided from the filing.
- Footnote: The 843-share award was a restricted stock grant for board service and vested immediately upon grant (Footnote F1).
- Filing: Form 4 filed 2026-03-11 reporting activity through 2026-03-10; filing appears timely (Form 4s are typically due within two business days).
Context
- The open-market purchase represents an outright personal buy, which some investors view as a bullish signal because the insider used personal funds ($101,150) to acquire shares.
- The restricted-stock grant is compensation for board service and vested immediately; such awards are routine director compensation and do not necessarily indicate a change in the director’s view of the company.