Milstein Jed 4

What Happened
Jed Milstein, Senior Vice President & Chief Human Resources Officer at Asbury Automotive Group (ABG), had a total of 542 shares of ABG common stock withheld to satisfy tax obligations tied to equity vesting. On February 20, 2026, 246 shares were withheld at $223.21 each ($54,910) and 296 shares were withheld at $223.21 each ($66,070), for a combined value of $120,980. These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction date: 2026-02-20; Filing date: 2026-02-23 (timely filing).
• Prices and amounts: 246 shares @ $223.21 = $54,910; 296 shares @ $223.21 = $66,070; total 542 shares = $120,980.
• Shares owned after transaction: not reported in the provided filing.
• Footnotes: F1 — shares withheld for taxes upon vesting of one-third of restricted share units granted 2024-02-20. F2 — shares withheld for taxes upon vesting of one-third of performance share units granted 2024-02-20.
• Transaction code meaning: F = shares withheld to satisfy tax withholding obligations on vested awards (routine).

Context
This was an internal tax-withholding action tied to the vesting of RSUs and PSUs (one-third tranche each) and should be viewed as a routine administrative disposition rather than a signal from the insider to buy or sell in the market. For retail investors, purchases by insiders can be more informative; tax-withholdings on vesting are common and do not necessarily reflect the insider’s view of the company’s stock.