Conifer named 10% owner of Group 1 Automotive
GROUP 1 AUTOMOTIVE INC (GPI) has a new Form 3 on file reporting that Conifer Management, L.L.C. is a ten percent owner, with an indirect position in the company’s common stock.
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Rhea-AI Filing Summary
GROUP 1 AUTOMOTIVE INC (GPI) has a new Form 3 on file reporting that Conifer Management, L.L.C. is a ten percent owner, with an indirect position in the company’s common stock. The filing lists 1,192,260 shares of common stock held indirectly through various commingled investment vehicles managed by Conifer.
According to a footnote, these securities are owned directly by those commingled vehicles, and Conifer Management, L.L.C. disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interest, if any.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (1)
- F1. These securities are owned directly by various commingled investment vehicles managed by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities reported on this Form 3 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Key Terms
beneficial ownership regulatory
pecuniary interest financial
commingled investment vehicles financial
Section 16 of the Securities Exchange Act of 1934 regulatory
FAQ
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What did the new Form 3 for GPI report about Conifer Management, L.L.C.?
As of what date are Conifer’s GPI holdings reported on this Form 3?
AI-generated analysis. How Rhea-AI works. Not financial advice.