Briesemeister Nathan Edward 4

What Happened

• Nathan Edward Briesemeister, VP, Controller & CAO of Asbury Automotive Group (ABG), had 34 shares and 28 shares of ABG common stock withheld (disposed) to satisfy tax obligations tied to vested awards. The shares were listed at $223.21 each — $7,589 for 34 shares and $6,250 for 28 shares — about $13,839 total. This was a tax-withholding transaction rather than an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-02-20; Price reported: $223.21 per share.
• Shares withheld/disposed: 34 shares (F) and 28 shares (F) — total 62 shares.
• Reported values: $7,589 and $6,250 (approx. $13,839 combined).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes: F1 = shares withheld to pay taxes on one-third of restricted share units vesting from the Feb 20, 2024 grant. F2 = shares withheld to pay taxes on one-third of performance share units vesting from the Feb 20, 2024 grant.
• Filing timeliness: Form 4 filed 2026-02-23 for a 2026-02-20 transaction; appears to be filed within the SEC’s two-business-day window.

Context

• These dispositions are tax-withholding events tied to the vesting of restricted and performance share units, a common administrative action and not necessarily an indicator of the insider’s view on the stock. In practice, withheld shares satisfy tax obligations (a “cashless” or in-kind withholding) rather than representing a discretionary sale.