ABRAMS CAPITAL MANAGEMENT, L.P. - 30 Jul 2025 Form 4 Insider Report for ASBURY AUTOMOTIVE GROUP INC (ABG)

Reporting relationship: 10%+ Owner
Issuer ticker: ABG
Reported as of: 30 Jul 2025
Net transaction value: +$10,571,698
SEC form: 4
Accepted by SEC: 01 Aug 2025, 15:01:05 UTC
Prior SEC filing: 20 May 2025
Next SEC filing: 04 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Abrams Capital Management, L.P., by Abrams Capital Management, LLC, the General Partner, by David C. Abrams, Managing Member

Key filing fact

ABRAMS CAPITAL MANAGEMENT, L.P. filed Form 4 for ASBURY AUTOMOTIVE GROUP INC (ABG) on 01 Aug 2025.

Key facts

This page summarizes ABRAMS CAPITAL MANAGEMENT, L.P.'s Form 4 filing for ASBURY AUTOMOTIVE GROUP INC (ABG).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 01 Aug 2025, 15:01.

Change

Previous filing in this sequence was filed on 20 May 2025.
Current net transaction value: +$10,571,698.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (5)

CIK 0001358706 Primary reporting owner

ABRAMS CAPITAL MANAGEMENT, L.P.

Relationship: 10%+ Owner
Address: 222 BERKELEY STREET, 21ST FLOOR, BOSTON
Signature: /s/ Abrams Capital Management, L.P., by Abrams Capital Management, LLC, the General Partner, by David C. Abrams, Managing Member
Signature date: 01 Aug 2025

CIK 0001165407

ABRAMS CAPITAL MANAGEMENT, LLC

Relationship: 10%+ Owner
Address: 222 BERKELEY STREET, 21ST FLOOR, BOSTON
Signature: /s/ Abrams Capital Partners II, L.P., by Abrams Capital, LLC, the General Partner, by David C. Abrams, Managing Member
Signature date: 01 Aug 2025

CIK 0001112443

ABRAMS CAPITAL, LLC

Relationship: 10%+ Owner
Address: 222 BERKELEY STREET, 21ST FLOOR, BOSTON
Signature: /s/ Abrams Capital Management, LLC, by David C. Abrams, Managing Member
Signature date: 01 Aug 2025

CIK 0001292250

Abrams David C

Relationship: 10%+ Owner
Address: 222 BERKELEY STREET, 21ST FLOOR, BOSTON
Signature: /s/ David C. Abrams
Signature date: 01 Aug 2025

CIK 0001292420

Abrams Capital Partners II, L.P.

Relationship: 10%+ Owner
Address: 222 BERKELEY STREET, 21ST FLOOR, BOSTON
Signature: /s/ Abrams Capital, LLC, by David C. Abrams, Managing Member
Signature date: 01 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ABG transaction

Common Stock

Purchase

Transaction value: $10,571,698
Shares: +46,952
Change %: +2.2%
Price: $225.16
Shares after: 2,162,992
Date: 30 Jul 2025
Ownership: See Footnotes
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the weighted average purchase price of shares purchased in a series of open market transactions on the transaction date at prices ranging from $224.99455 to $225.435 per share. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.

Footnote F2

Shares reported herein as beneficially owned by Abrams Capital, LLC ("Abrams Capital") represent shares held for the account of certain private investment funds for which Abrams Capital serves as general partner. Shares reported herein for Abrams Capital Management, L.P. (the "LP") and Abrams Capital Management, LLC (the "LLC") represent the above-referenced shares beneficially owned by Abrams Capital and shares beneficially owned by another private investment fund for which the LP serves as investment manager. The LLC is the general partner of the LP. Shares reported herein for Mr. Abrams represent the above referenced shares reported for Abrams Capital and the LLC and shares that Mr. Abrams owns personally. Mr. Abrams is the managing member of Abrams Capital and the LLC.

Footnote F3

Each Reporting Person disclaims beneficial ownership of the reported shares except to the extent of its or his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

Footnote F4

As of July 30, 2025, Abrams Capital may have been deemed to beneficially own 2,072,096 of the shares reported herein, the LP and the LLC may have been deemed to beneficially own 2,155,492 of the shares reported herein, and Mr. Abrams may have been deemed to beneficially own all of the shares reported herein.