ASBURY AUTOMOTIVE GROUP INC·4

Feb 23, 6:17 PM ET

Clara Daniel 4

Research Summary

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Asbury Automotive (ABG) COO Clara Daniel Withholds Shares for Taxes

What Happened

  • Clara Daniel, Chief Operating Officer of Asbury Automotive Group (ABG), had 274 and 328 shares withheld (total 602 shares) at $223.21 per share to satisfy tax withholding upon the vesting of equity awards. The withholdings produced proceeds/values of $61,160 and $73,213, respectively, for a combined value of approximately $134,373. These transactions are tax-withholding disposals (transaction code F), not open-market sales.

Key Details

  • Transaction date: February 20, 2026; Filing date: February 23, 2026 (timely Form 4 filing).
  • Price per share: $223.21.
  • Shares withheld: 274 shares (value $61,160) and 328 shares (value $73,213); total 602 shares (≈ $134,373).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes: F1 = shares withheld for taxes on one-third of restricted share units (RSUs) granted 2/20/2024. F2 = shares withheld for taxes on one-third of performance share units (PSUs) granted 2/20/2024.
  • Transaction code: F (tax withholding).

Context

  • These were tax-withholding actions at vesting (common “sell-to-cover”/withhold) rather than discretionary open-market sales or purchases; they generally reflect tax payment on vested equity and do not, by themselves, indicate the insider’s view of the stock.
  • The filing appears timely; no indication this is part of a 10b5-1 plan or a gift.