Group 1 Automotive exec gifts 854 shares
A senior vice president at GROUP 1 AUTOMOTIVE INC reported a bona fide gift of 854 GPI shares, retaining 28,551.43 shares directly afterward.
Rhea-AI Filing Summary
GROUP 1 AUTOMOTIVE INC (GPI) officer Peter C. DeLongchamps, Sr. VP, Financial Services/Manufacturer Relations, reported a bona fide gift transfer of 854 shares of Common Stock on September 15, 2026. The shares were transferred at a reported price of $0.00 per share, leaving him with 28,551.43 shares held directly after the transaction. No Rule 10b5-1 trading plan is reported for this gift.
Positive
- None.
Negative
- None.
Insider Trade Summary
854 shares gifted
Gift
1 txn
Insider
DeLongchamps Peter C
Role
Sr. VP, Financial Svcs/Mfr Rel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 854 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 28,551.43 shares (Direct)
Key Figures
Shares gifted: 854 shares
Reported price per share: $0.00 per share
Shares held after transaction: 28,551.43 shares
3 metrics
Shares gifted
854 shares
Bona fide gift of Common Stock on September 15, 2026
Reported price per share
$0.00 per share
Gift transaction of 854 Common Stock shares
Shares held after transaction
28,551.43 shares
Directly owned by Peter C. DeLongchamps after the gift
Key Terms
bona fide gift, Rule 10b5-1, Common Stock
3 terms
bona fide gift financial
"The transaction is described as a bona fide gift transfer of Common Stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this gift"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Common Stock financial
"The filing reports a bona fide gift of 854 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GPI report in this Form 4?
The filing reports a bona fide gift of 854 shares of GROUP 1 AUTOMOTIVE INC Common Stock by officer Peter C. DeLongchamps on September 15, 2026, with no sale proceeds reported and a post-transaction direct holding of 28,551.43 shares.
Who from GPI is involved in the reported insider transaction?
The reporting person is Peter C. DeLongchamps, who serves as Sr. VP, Financial Services/Manufacturer Relations of GROUP 1 AUTOMOTIVE INC. He reported a bona fide gift transfer of company Common Stock.
Was the GPI insider gift under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is affirmed for this transaction. The document-level Rule 10b5-1 checkbox is explicitly unchecked, and there is no footnote stating that the gift was made under such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
