Group 1 Automotive (NYSE: GPI) discloses 575 RSU grant to director
Rhea-AI Filing Summary
Group 1 Automotive, Inc. reported an equity-related transaction involving director MaryAnn Wright. On 01/02/2026, she acquired 575 restricted stock units (RSUs), each representing a contingent right to receive the cash value of one share of Group 1 Automotive common stock. The RSUs have an exercise price of $0 and will be settled in a lump-sum cash payment on the date of the director's separation from service, as defined under applicable tax regulations. Following this grant, she beneficially owned 19,415 derivative securities related to the company, held directly.
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FAQ
What insider transaction did Group 1 Automotive (GPI) report in this filing?
The filing reports that director MaryAnn Wright acquired 575 restricted stock units (RSUs) tied to Group 1 Automotive common stock on 01/02/2026.
How many Group 1 Automotive RSUs were granted to the director and at what price?
The director received 575 restricted stock units with a conversion or exercise price of $0 per unit, as disclosed in the derivative securities table.
What do the restricted stock units reported by GPI represent?
Each restricted stock unit represents a contingent right to receive the cash value of one share of Group 1 Automotive, Inc. common stock.
When will the Group 1 Automotive RSUs reported in this Form 4 be settled?
The RSUs will settle on the date of the director's separation from service and will be paid in a lump sum cash payment, as described in the explanation of responses.
How many derivative securities does the reporting person hold after this GPI transaction?
After the reported transaction, the director beneficially owned 19,415 derivative securities related to Group 1 Automotive common stock, held in direct ownership form.
Is the reporting person a director or officer of Group 1 Automotive (GPI)?
The reporting person is identified as a director of Group 1 Automotive, Inc., according to the relationship section of the form.