Group 1 Automotive (GPI) CEO Kenningham updates insider holdings
Rhea-AI Filing Summary
Group 1 Automotive, Inc. insider Daryl A. Kenningham, who serves as President, CEO and Director, reported an equity transaction dated 12/31/2025. The filing shows an IRS-related transaction (code F) involving the disposition of 2,644 shares of common stock at a price of $396.09 per share. After this transaction, he reports beneficial ownership of 26,274.45 shares held directly and 22,482.46 shares held indirectly through the Kenningham Management Trust.
The footnote explains that the reported holdings include shares purchased through the Group 1 Automotive, Inc. Employee Stock Purchase Plan, which provides a 15% stock purchase discount based on the lower of the stock’s closing price on the first or last day of the quarter.
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FAQ
What insider transaction did Group 1 Automotive (GPI) report for Daryl A. Kenningham?
The filing reports a transaction dated 12/31/2025 in which Daryl A. Kenningham, President, CEO and Director of Group 1 Automotive, Inc., disposed of 2,644 shares of common stock in a transaction coded F at a price of $396.09 per share.
How many Group 1 Automotive (GPI) shares does Daryl A. Kenningham own after this Form 4?
Following the reported transaction, Daryl A. Kenningham reports direct beneficial ownership of 26,274.45 shares of Group 1 Automotive common stock and indirect beneficial ownership of 22,482.46 shares held through the Kenningham Management Trust.
What does transaction code F mean in this Group 1 Automotive (GPI) Form 4?
In this Form 4 for Group 1 Automotive, transaction code F is used in Table I for the 2,644 shares at $396.09 per share, indicating a disposition of shares to cover obligations associated with equity compensation, consistent with the description that the holdings include shares from the company’s Employee Stock Purchase Plan.
What roles does Daryl A. Kenningham hold at Group 1 Automotive (GPI)?
According to the filing, Daryl A. Kenningham is both a Director and an Officer of Group 1 Automotive, Inc., serving as President & CEO.
How does the Group 1 Automotive (GPI) Employee Stock Purchase Plan work for these shares?
The explanation states that the reported holdings include shares purchased through the Group 1 Automotive, Inc. Employee Stock Purchase Plan, which provides a 15% discount on stock purchases, calculated using the stock’s closing price on the first or last day of the quarter, whichever is lower.
What indirect ownership does the Kenningham Management Trust report in Group 1 Automotive (GPI)?
The filing shows 22,482.46 shares of Group 1 Automotive common stock reported as indirectly owned through the Kenningham Management Trust.