Asbury Automotive (NYSE: ABG) CEO David Hult gifts 5,085 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asbury Automotive Group President & CEO David W. Hult reported a bona fide gift of 5,085 shares of Asbury common stock. The transfer, coded as a gift transaction, involved no sale proceeds or purchase price.
After the gift, Hult directly holds 85,598 shares of Asbury common stock, indicating he retains a substantial equity position in the company despite the disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,085 shares gifted
Mixed
1 txn
Insider
Hult David W
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,085 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 85,598 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did ABG CEO David W. Hult report on this Form 4?
David W. Hult reported a bona fide gift of 5,085 shares of Asbury Automotive Group common stock. The transaction carried a reported price of $0.00 per share, reflecting that it was a non-cash, charitable or personal transfer rather than an open-market trade.
Was the ABG CEO’s Form 4 transaction a stock sale or a gift?
The Form 4 reports a gift, not a sale, by ABG CEO David W. Hult. It is coded as a bona fide gift (Code G) with a transaction price of $0.00 per share, indicating no sale proceeds or purchase on the open market.
What does transaction code G mean in David W. Hult’s ABG Form 4?
Transaction code G on the Form 4 indicates a bona fide gift of securities. For ABG, David W. Hult used code G to report transferring 5,085 common shares at a stated price of $0.00, confirming the shares were gifted rather than sold or purchased.
Did the ABG Form 4 show any option exercises or derivative trades by David W. Hult?
No derivative transactions are listed for David W. Hult in this Form 4. The filing shows a single non-derivative entry: a gift of 5,085 shares of Asbury common stock, with zero reported option exercises or other derivative security movements in this report.