Filing Details
- Accession Number:
- 0000921895-24-001856
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-16 20:16:51
- Reporting Period:
- 2024-08-14
- Accepted Time:
- 2024-08-16 20:16:51
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1144980 | Asbury Automotive Group Inc | ABG | Retail-Auto Dealers & Gasoline Stations (5500) | 010609375 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1699118 | Taylor Lauren Wolfe | 450 West 14Th Street, 12Th Floor New York City NY 10014 | Yes | No | Yes | No | |
1786731 | Impactive Capital Llc | 450 West 14Th Street, 12Th Floor New York City NY 10014 | No | No | Yes | No | |
1786767 | Impactive Capital Lp | 450 West 14Th Street, 12Th Floor New York City NY 10014 | No | No | Yes | No | |
1787532 | Christian Asmar | 450 West 14Th Street, 12Th Floor New York City NY 10014 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2024-08-14 | 8,353 | $225.63 | 2,008,649 | No | 4 | S | Indirect | See Footnote |
Common Stock | Disposition | 2024-08-15 | 12,647 | $232.50 | 1,996,002 | No | 4 | S | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See Footnote |
No | 4 | S | Indirect | See Footnote |
Footnotes
- This Form 4 is filed jointly by Impactive Capital LP ("Impactive Capital"), Impactive Capital LLC ("Impactive GP"), Christian Asmar and Lauren Taylor Wolfe (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of her, his or its pecuniary interest therein.
- The securities of Asbury Automative Group, Inc. (the "Issuer") reported herein are held directly by certain funds and/or accounts (the "Impactive Funds"). Pursuant to an Investment Management Agreement, the Impactive Funds have delegated all voting and investment power over the securities directly held by the Impactive Funds and their general partners to Impactive Capital, which serves as the investment manager of the Impactive Funds. Impactive GP, as the general partner of Impactive Capital, and each of Mr. Asmar and Ms. Taylor Wolfe, as Managing Members of Impactive GP, may be deemed to exercise voting and investment power over such securities. The Impactive Funds specifically disclaim beneficial ownership of such securities by virtue of their inability to vote or dispose of such securities as a result of such delegation to Impactive Capital.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.3044 to $232.5313 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.