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AI brief of an SEC Form 8-K · Asbury Automotive (ABG)

Asbury Automotive Names Daniel Clara Chief Operating Officer Effective Feb. 17, 2025

Neutral Impact 3 of 5 leadership Written later

Asbury Automotive Group's board appointed Senior Vice President of Operations Daniel E. Clara as Chief Operating Officer, effective February 17, 2025. His base salary rose from $750,000 to $800,000, and he received a $1.5 million equity grant, 60% in performance-based units and 40% in time-vested units.

Key points

  • Daniel E. Clara, age 45, appointed COO effective February 17, 2025; board action dated February 13, 2025
  • Base salary increased from $750,000 to $800,000
  • Equity grant of $1.5 million: 60% performance-based RSUs vesting over three years, 40% time-vested RSUs vesting in equal installments over three years
  • Clara joined the company in 2002; his COO role adds development and innovation and parts of marketing to store operations

The filing

CompanyAsbury Automotive (ABG)
Form8-K, current report
Filed with the SECFeb 19, 2025, 5:24 PM ET
Accession number0001144980-25-000020

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.