Form 4: Asbury Automotive Group VP, Controller & CAO Reports Stock Sales
SEC Form 4 Filing
Nathan Edward Briesemeister, VP, Controller & CAO of Asbury Automotive Group, reported the sale of common stock on March 7, 2024.
Summary
- On March 7, 2024, Nathan Edward Briesemeister, VP, Controller & CAO of Asbury Automotive Group, sold 50 shares of common stock at $209, 50 shares at $210, and 50 shares at $210.21.
- Following these transactions, Briesemeister directly owns 1,403 shares of Asbury Automotive Group common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of stock sale transactions |
| 03/11/2024 | Date of Form 4 filing |
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