Abrams Capital Management, L.P. - Jul 30, 2025 Form 4 Insider Report for ASBURY AUTOMOTIVE GROUP INC (ABG)

Role
10%+ Owner
Signature
/s/ Abrams Capital Management, L.P., by Abrams Capital Management, LLC, the General Partner, by David C. Abrams, Managing Member
Stock symbol
ABG
Transactions as of
Jul 30, 2025
Transactions value $
$10,571,698
Form type
4
Date filed
8/1/2025, 03:01 PM
Previous filing
May 20, 2025
Next filing
Nov 4, 2025

Reporting Owners (5)

Name Relationship Address Signature Signature date CIK
ABRAMS CAPITAL MANAGEMENT, L.P. 10%+ Owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON /s/ Abrams Capital Management, L.P., by Abrams Capital Management, LLC, the General Partner, by David C. Abrams, Managing Member 2025-08-01 0001358706
ABRAMS CAPITAL MANAGEMENT, LLC 10%+ Owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON /s/ Abrams Capital Partners II, L.P., by Abrams Capital, LLC, the General Partner, by David C. Abrams, Managing Member 2025-08-01 0001165407
ABRAMS CAPITAL, LLC 10%+ Owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON /s/ Abrams Capital Management, LLC, by David C. Abrams, Managing Member 2025-08-01 0001112443
Abrams David C 10%+ Owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON /s/ David C. Abrams 2025-08-01 0001292250
Abrams Capital Partners II, L.P. 10%+ Owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON /s/ Abrams Capital, LLC, by David C. Abrams, Managing Member 2025-08-01 0001292420

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABG Common Stock Purchase $10.6M +47K +2.22% $225.16 2.16M Jul 30, 2025 See Footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average purchase price of shares purchased in a series of open market transactions on the transaction date at prices ranging from $224.99455 to $225.435 per share. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
F2 Shares reported herein as beneficially owned by Abrams Capital, LLC ("Abrams Capital") represent shares held for the account of certain private investment funds for which Abrams Capital serves as general partner. Shares reported herein for Abrams Capital Management, L.P. (the "LP") and Abrams Capital Management, LLC (the "LLC") represent the above-referenced shares beneficially owned by Abrams Capital and shares beneficially owned by another private investment fund for which the LP serves as investment manager. The LLC is the general partner of the LP. Shares reported herein for Mr. Abrams represent the above referenced shares reported for Abrams Capital and the LLC and shares that Mr. Abrams owns personally. Mr. Abrams is the managing member of Abrams Capital and the LLC.
F3 Each Reporting Person disclaims beneficial ownership of the reported shares except to the extent of its or his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F4 As of July 30, 2025, Abrams Capital may have been deemed to beneficially own 2,072,096 of the shares reported herein, the LP and the LLC may have been deemed to beneficially own 2,155,492 of the shares reported herein, and Mr. Abrams may have been deemed to beneficially own all of the shares reported herein.