Group 1 Automotive (GPI) director discloses cash-settled restricted stock units
Rhea-AI Filing Summary
Group 1 Automotive, Inc. director Carin M. Barth reported an equity-related compensation award. On 01/02/2026, she acquired 575 restricted stock units, each representing the contingent right to receive the cash value of one share of Group 1 Automotive common stock. These units have an exercise price of $0 and are reported as derivative securities.
The restricted stock units will be settled in a lump-sum cash payment on the date of the director's separation from service, as defined under the Internal Revenue Code. Following this transaction, Barth beneficially owned 13,752 derivative securities related to Group 1 Automotive, held directly.
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FAQ
What insider transaction did Group 1 Automotive (GPI) report for director Carin M. Barth?
Director Carin M. Barth reported acquiring 575 restricted stock units on 01/02/2026, classified as derivative securities tied to Group 1 Automotive common stock.
What does each restricted stock unit represent in the GPI insider filing?
Each restricted stock unit represents a contingent right to receive the cash value of one share of Group 1 Automotive, Inc. common stock.
How and when will the Group 1 Automotive (GPI) director’s restricted stock units be settled?
The restricted stock units will settle in a lump-sum cash payment on the date of the director's separation from service, as defined in Section 1.409A-1(h) of the Internal Revenue Code.
What was the exercise or conversion price of the restricted stock units reported by GPI?
The filing states an exercise or conversion price of $0 for these restricted stock units.
How many derivative securities does the GPI director beneficially own after this transaction?
After the reported transaction, the director beneficially owned 13,752 derivative securities related to Group 1 Automotive, held directly.
Is the ownership of the Group 1 Automotive (GPI) derivative securities direct or indirect?
The filing reports the ownership form as Direct (D) for the 13,752 derivative securities following the transaction.