Group 1 Automotive (GPI) CEO reports tax-withholding of 804 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Group 1 Automotive President & CEO Daryl Kenningham reported a tax-related share disposition. On this Form 4, 804 shares of common stock were surrendered at $331.59 per share to cover tax withholding, a non-market transaction. After this, he directly holds 44,471.45 shares and indirectly holds 22,482.46 shares through the Kenningham Management Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kenningham Daryl
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 804 | $331.59 | $267K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,471.45 shares (Direct);
Common Stock — 22,482.46 shares (Indirect, Kenningham Management Trust)
Footnotes (1)
FAQ
What insider transaction did GPI CEO Daryl Kenningham report on this Form 4?
Daryl Kenningham reported a tax-withholding disposition of 804 Group 1 Automotive common shares. The shares, valued at $331.59 each, were surrendered to cover tax obligations rather than sold in the open market.
Was the GPI CEO’s Form 4 transaction an open-market sale or tax withholding?
The Form 4 shows a tax-withholding disposition, not an open-market sale. Code “F” indicates shares were delivered back to satisfy tax liabilities associated with equity compensation, rather than being sold to outside investors.