Group 1 Automotive (GPI) awards 336 cash-settled RSUs to director Kimbell
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kimbell David C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 336 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 336 shares (Direct)
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
Restricted Stock Units granted: 336 units
Transaction price per unit: $0.0000
RSUs held after transaction: 336 units
3 metrics
Restricted Stock Units granted
336 units
Grant of RSUs to director David C. Kimbell on 2026-08-10
Transaction price per unit
$0.0000
Reported price for the RSU award; no exercise price payable
RSUs held after transaction
336 units
Total Restricted Stock Units reported as directly owned following the grant
Key Terms
Restricted Stock Units, contingent right, separation from service, lump sum cash payment, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive the cash value"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive the cash value of one share"
separation from service financial
"The restricted stock units settle on the date of the director's separation from service"
lump sum cash payment financial
"and will be settled in a lump sum cash payment"
Internal Revenue Code regulatory
"as such term is defined in 1.409A-1(h) under Title 26 of the Internal Revenue Code"
The Internal Revenue Code is the U.S. federal law that sets the rules for calculating, collecting, and enforcing taxes — essentially the country's tax rulebook. It matters to investors because those rules determine how much companies and individuals actually keep after taxes, affecting profits, cash flow, dividend payouts, deal structures and the after-tax return on investments; changes in the Code can change financial outcomes and investment strategy much like a rule change in a game.
FAQ
What did GROUP 1 AUTOMOTIVE INC (GPI) director David C. Kimbell receive in this Form 4?
David C. Kimbell received 336 Restricted Stock Units. Each unit is a contingent right to receive the cash value of one share of Group 1 Automotive common stock, rather than actual shares.
How are the 336 Restricted Stock Units for GPI’s David C. Kimbell settled?
The 336 Restricted Stock Units will be settled in a lump sum cash payment. Settlement occurs on the date of the director’s separation from service, as defined under Section 1.409A-1(h) of the Internal Revenue Code.
Does the Form 4 for GPI indicate an exercise price for the Restricted Stock Units?
No exercise price is required for these units; the Form 4 shows a transaction price per unit of $0.0000. The value delivered will instead equal the cash value of one share of common stock per unit at settlement.
What is David C. Kimbell’s reported Restricted Stock Unit balance in GPI after this transaction?
After this award, David C. Kimbell is reported to hold 336 Restricted Stock Units directly. These units correspond to the cash value of 336 shares of Group 1 Automotive common stock upon settlement.
Is the GPI Form 4 transaction for David C. Kimbell part of a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative. The transaction is reported as a grant or award of Restricted Stock Units, not as a trade executed under a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.