During his time at Asbury Automotive, Kenneth B. Gilman held a substantial number of stock options. He was granted options to acquire up to 737,500 shares before Asbury went public, and he managed to convert these into an impressive 49,011...

During his time at Asbury Automotive, Kenneth B. Gilman held a substantial number of stock options. He was granted options to acquire up to 737,500 shares before Asbury went public, and he managed to convert these into an impressive 49,011 shares instead of exercising them. Even as he prepared for retirement, he was awarded additional restricted stock that solidified his wealth during his final tenure. His decision to exchange options into shares showed a focus on maximizing shareholder value by avoiding dilution in the market, a key consideration for any executive looking to leave a lasting impact. When he retired in May 2007, his holdings reflected both substantial gains and the long-term vision he had for his investments in the company.