Form 4: Asbury Automotive Executive Disposes of Shares for Tax Obligations

Dean Calloway, SVP, General Counsel & Secretary of Asbury Automotive Group, disposed of 130 shares of common stock to cover tax obligations related to the vesting of restricted share units.

Summary

• Dean Calloway, SVP, General Counsel & Secretary of ASBURY AUTOMOTIVE GROUP INC (ABG), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 130 shares of Common Stock.
• The shares were disposed of at a price of $238.54 per share.
• The purpose of the disposition was for the withholding of shares to cover tax payments upon the vesting of restricted share units.
• These restricted share units were originally granted on July 1, 2024.
• Following this transaction, Dean Calloway beneficially owns 5,695 shares of Asbury Automotive Group Common Stock.

Sentiment

Score: 5

Explanation: The filing is a routine Form 4 reporting a disposition of shares for tax withholding purposes upon RSU vesting, which is a neutral event from an operational or strategic perspective.

Positives

• The vesting of restricted share units indicates a compensation event for the executive, aligning management incentives with shareholder value over time.

Negatives

• No direct negative operational or financial impacts are indicated by this routine tax-related transaction.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine compliance disclosure specific to an executive's compensation and stock ownership within Asbury Automotive Group and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Provides transparency on executive stock ownership changes.
• Employees (Executive): The vesting of restricted share units represents a compensation benefit.

Key Dates

Keywords

ASBURY AUTOMOTIVE GROUP, ABG, Dean Calloway, Form 4, SEC filing, insider transaction, stock, common stock, restricted share units, RSU, tax withholding, beneficial ownership