Hult David W 4

What Happened David W. Hult, President & CEO and a director of Asbury Automotive Group (ABG), had a total of 3,607 shares of ABG common stock withheld to satisfy tax withholding obligations tied to equity vesting. On Feb 20, 2026, 1,640 shares were withheld at $223.21/share (value $366,064) and 1,967 shares were withheld at $223.21/share (value $439,054), for a combined value of $805,118. These transactions are tax-withholdings (reported as dispositions), not open-market sales.

Key Details

• Transaction dates and prices: Feb 20, 2026 — 1,640 shares @ $223.21; Feb 20, 2026 — 1,967 shares @ $223.21.
• Total shares withheld: 3,607; total value shown: $805,118.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = shares withheld for taxes on one-third of restricted share units granted Feb 20, 2024; F2 = shares withheld for taxes on one-third of performance share units granted Feb 20, 2024.
• Filing timeliness: Form 4 filed Feb 23, 2026 for Feb 20, 2026 transactions — filed within the normal two-business-day window.

Context These are routine tax-withholding transactions tied to vesting of RSUs and PSUs (one-third tranches of grants from Feb 20, 2024). Because shares were withheld to cover taxes (transaction code F), this is a procedural disposition and generally conveys less about the insider’s market view than open-market purchases or voluntary sales.