Michael Welch - Feb 14, 2025 Form 4 Insider Report for ASBURY AUTOMOTIVE GROUP INC (ABG)

Role
SVP & CFO
Signature
/s/Dean Calloway, Attorney In-Fact
Stock symbol
ABG
Transactions as of
Feb 14, 2025
Transactions value $
-$336,742
Form type
4
Date filed
2/19/2025, 07:17 PM
Previous filing
Aug 12, 2024
Next filing
Feb 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABG Common Stock Tax liability -$58.4K -195 -1.92% $299.72 9.97K Feb 14, 2025 Direct F1, F2
transaction ABG Common Stock Tax liability -$41.1K -137 -1.37% $299.72 9.83K Feb 14, 2025 Direct F3
transaction ABG Common Stock Tax liability -$72.2K -238 -2.42% $303.37 9.6K Feb 16, 2025 Direct F4
transaction ABG Common Stock Tax liability -$165K -544 -5.67% $303.37 9.05K Feb 16, 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the performance share units granted on February 14, 2023.
F2 The Reporting Person reported performance share units granted on February 16, 2022 and February 14, 2023 as derivative securities on Table II of the Reporting Person's previous Form 4 filings at the time performance achievement with respect to each such grant was certified. On a-go forward basis, such performance share units will be reported on Table I as non-derivative securities, and will no longer appear on Table II of the Reporting Person's Form 4 filings. Such performance share units remain subject to the vesting schedules reported in the Reporting Person's previous Section 16 filings. The amount in this column reflects the Reporting Person's aggregate direct holdings, including all performance share units for which performance achievement has been certified (i.e., those granted on February 16, 2022 and February 14, 2023), all restricted share units, and all shares of Issuer's common stock owned outright, following the transaction reported in this line item.
F3 Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the restricted share units granted on February 14, 2023.
F4 Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the restricted share units granted on February 16, 2022.
F5 Represents the number of shares of the Issuer's common stock withheld for payment of taxes upon the vesting of one-third of the performance share units granted on February 16, 2022.