---
schema_version: "secwatch.filing_event.v1"
accession: "0001144980-26-000083"
form_type: "8-K/A"
ticker: "ABG"
cik: "0001144980"
company_name: "ASBURY AUTOMOTIVE GROUP INC"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:32:10.302586+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Asbury Automotive appoints Daniel Clara CEO; employment agreement details disclosed

## Summary
- Daniel Clara promoted to President and CEO effective May 4, 2026, succeeding prior leadership.
- Base salary set at $1,100,000; target annual bonus of 125% of base ($1,375,000).
- One-time equity award of $2,300,000 (40% RSU, 60% PSU) vesting ratably over 3 years.
- Annual equity target of $3,800,000 (40% RSU, 60% PSU) subject to Compensation Committee.
- Severance: 100% salary plus target bonus (12 months) in non-CIC; 200% each (lump sum) in CIC.

## SEC filing metadata
- accession: 0001144980-26-000083
- form_type: 8-K/A
- ticker: ABG
- cik: 0001144980
- company_name: ASBURY AUTOMOTIVE GROUP INC
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144980/000114498026000083/0001144980-26-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144980/000114498026000083/abg-20251208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001144980-26-000083
- JSON: https://secwatch.observer/filing/0001144980-26-000083.json
- Plain text: https://secwatch.observer/filing/0001144980-26-000083.txt

## Key facts
- Executive change
  Daniel Clara was appointed as President and Chief Executive Officer at ASBURY AUTOMOTIVE GROUP INC.
  - Action: promoted
  - Role: President and Chief Executive Officer
  source text: On May 4, 2026 (the “Transition Date”), the Company announced that it had entered into an employment agreement with Daniel Clara (the “Clara Agreement”) in connection with his promotion to President and Chief Executive Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1144980/000114498026000083/0001144980-26-000083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.