0000921895-24-001856.txt : 20240816
0000921895-24-001856.hdr.sgml : 20240816
20240816201651
ACCESSION NUMBER: 0000921895-24-001856
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240814
FILED AS OF DATE: 20240816
DATE AS OF CHANGE: 20240816
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Impactive Capital LLC
CENTRAL INDEX KEY: 0001786731
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31262
FILM NUMBER: 241218019
BUSINESS ADDRESS:
STREET 1: 152 WEST 57TH, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
BUSINESS PHONE: (212) 218-8812
MAIL ADDRESS:
STREET 1: 152 WEST 57TH, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wolfe Lauren Taylor
CENTRAL INDEX KEY: 0001699118
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31262
FILM NUMBER: 241218017
MAIL ADDRESS:
STREET 1: 3100 CUMBERLAND BOULEVARD
STREET 2: SUITE 1700
CITY: ATLANTA
STATE: GA
ZIP: 30339
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Asmar Christian
CENTRAL INDEX KEY: 0001787532
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31262
FILM NUMBER: 241218018
MAIL ADDRESS:
STREET 1: 152 WEST 57TH STREET, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Impactive Capital LP
CENTRAL INDEX KEY: 0001786767
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31262
FILM NUMBER: 241218020
BUSINESS ADDRESS:
STREET 1: 450 WEST 14 STREET
STREET 2: 12TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10014
BUSINESS PHONE: (212) 218-8810
MAIL ADDRESS:
STREET 1: 450 WEST 14 STREET
STREET 2: 12TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10014
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ASBURY AUTOMOTIVE GROUP INC
CENTRAL INDEX KEY: 0001144980
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 010609375
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2905 PREMIERE PARKWAY NW
STREET 2: SUITE 300
CITY: DULUTH
STATE: GA
ZIP: 30097
BUSINESS PHONE: 770-418-8200
MAIL ADDRESS:
STREET 1: 2905 PREMIERE PARKWAY NW
STREET 2: SUITE 300
CITY: DULUTH
STATE: GA
ZIP: 30097
4
1
form412236008_08162024.xml
OWNERSHIP DOCUMENT
X0508
4
2024-08-14
1
0001144980
ASBURY AUTOMOTIVE GROUP INC
ABG
0001786767
Impactive Capital LP
450 WEST 14TH STREET, 12TH FLOOR
NEW YORK CITY
NY
10014
0
0
1
0
0001786731
Impactive Capital LLC
450 WEST 14TH STREET, 12TH FLOOR
NEW YORK CITY
NY
10014
0
0
1
0
0001787532
Asmar Christian
450 WEST 14TH STREET, 12TH FLOOR
NEW YORK CITY
NY
10014
0
0
1
0
0001699118
Wolfe Lauren Taylor
450 WEST 14TH STREET, 12TH FLOOR
NEW YORK CITY
NY
10014
1
0
1
0
0
Common Stock
2024-08-14
4
S
0
8353
225.6322
D
2008649
I
See Footnote
Common Stock
2024-08-15
4
S
0
12647
232.4954
D
1996002
I
See Footnote
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.
IMPACTIVE CAPITAL LP, By: Impactive Capital LLC, its general partner, By: /s/ Lauren Taylor Wolfe, Managing Member
2024-08-16
IMPACTIVE CAPITAL LLC, By: /s/ Lauren Taylor Wolfe, Managing Member
2024-08-16
/s/ Christian Asmar
2024-08-16
/s/ Lauren Taylor Wolfe
2024-08-16