Key facts
- This page summarizes Impactive Capital LP's Form 4 filing for ASBURY AUTOMOTIVE GROUP INC (ABG).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 16 Aug 2024, 20:16.
Impactive Capital LP - 14 Aug 2024 Form 4 Insider Report for ASBURY AUTOMOTIVE GROUP INC (ABG)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ABG
- Reported as of
- 14 Aug 2024
- Net transaction value
- -$4,825,075
- SEC form
- 4
- Accepted by SEC
- 16 Aug 2024, 20:16:51 UTC
- Prior SEC filing
- 16 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- IMPACTIVE CAPITAL LP, By: Impactive Capital LLC, its general partner, By: /s/ Lauren Taylor Wolfe, Managing Member
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Impactive Capital LP filed Form 4 for ASBURY AUTOMOTIVE GROUP INC (ABG) on 16 Aug 2024.
Change
- Previous filing in this sequence was filed on 16 Aug 2024.
- Current net transaction value: -$4,825,075.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ABG
transaction
Common Stock
Sale
- Transaction value
- $1,884,706
- Shares
- -8,353
- Change %
- -0.41%
- Price
- $225.63
- Shares after
- 2,008,649
- Date
- 14 Aug 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2
ABG
transaction
Common Stock
Sale
- Transaction value
- $2,940,369
- Shares
- -12,647
- Change %
- -0.63%
- Price
- $232.50
- Shares after
- 1,996,002
- Date
- 15 Aug 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Impactive Capital LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
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.
Footnote F2
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.
Footnote F3
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.