Group 1 Automotive grants 336 RSUs to director
GROUP 1 AUTOMOTIVE INC director David C. Kimbell received a grant of 336 Restricted Stock Units.
Sentiment and the balance of points
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Rhea-AI Filing Summary
GROUP 1 AUTOMOTIVE INC director David C. Kimbell received a grant of 336 Restricted Stock Units. Each unit represents a contingent right to the cash value of one share of common stock. The units carry no exercise price and will be settled in a lump sum cash payment upon his separation from service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 336 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive the cash value of one share of Group 1 Automotive, Inc. common stock.
- F2. The restricted stock units settle on the date of the director's separation from service, as such term is defined in 1.409A-1(h) under Title 26 of the Internal Revenue Code, and will be settled in a lump sum cash payment.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
separation from service financial
lump sum cash payment financial
Internal Revenue Code regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GROUP 1 AUTOMOTIVE INC (GPI) director David C. Kimbell receive in this Form 4?
How are the 336 Restricted Stock Units for GPI’s David C. Kimbell settled?
Does the Form 4 for GPI indicate an exercise price for the Restricted Stock Units?
What is David C. Kimbell’s reported Restricted Stock Unit balance in GPI after this transaction?
Is the GPI Form 4 transaction for David C. Kimbell part of a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.