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