Asbury Automotive (ABG) SVP Wendy Reynolds-Dobbs Receives RSU Award
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Asbury Automotive (ABG) SVP Wendy Reynolds-Dobbs Receives RSU Award
What Happened Wendy Reynolds-Dobbs, Senior Vice President & Chief Human Resources Officer of Asbury Automotive Group (ABG), received a grant of 2,038 restricted share units (RSUs) on September 14, 2026. The Form 4 shows an acquisition price of $0.00 and a reported dollar value of $0 because this is a compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (appears to be within the standard two-business-day reporting window).
- Grant: 2,038 restricted share units (RSU) at $0.00; total shown as $0 in the filing.
- Shares owned after the transaction: not reported in the data provided.
- Footnote: Each RSU converts into one share of common stock upon vesting; vesting occurs in a single installment on the third anniversary of the grant date.
- This is an award/compensation grant (code A), not a purchase or sale.
Context RSUs are a common form of executive compensation and do not represent immediately tradable shares until they vest and convert to common stock. Because the award vests in a single installment three years from the grant date, it reflects a multi-year retention incentive rather than an immediate market bet by the insider. This filing is informational and should not be taken as a direct buy/sell signal.