STOCK TITAN

Group 1 Automotive 10% holder buys 30,100 shares

Ten percent owner Conifer Management reported indirect open-market purchases totaling 30,100 GPI shares across September 1–2, 2026.

(Very High)
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

GROUP 1 AUTOMOTIVE INC (GPI) had a significant shareholder, Conifer Management, L.L.C., report indirect open-market purchases of its common stock. On September 1–2, 2026, entities managed by Conifer bought a total of 30,100 shares in multiple transactions at weighted average prices generally between about $269.50 and $277.59 per share. The shares are held by various commingled investment vehicles, and Conifer disclaims beneficial ownership beyond its pecuniary interest. No Rule 10b5-1 trading plan is indicated.

Positive

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Negative

  • None.

Insights

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Insider Conifer Management, L.L.C.
Role 10% Owner
Bought 30,100 shs ($8.29M)
Type Security Shares Price Value
Purchase Common Stock F3, F1 720 $273.6569 $197K
Purchase Common Stock F4, F1 6,055 $274.9539 $1.66M
Purchase Common Stock F5, F1 6,610 $275.7674 $1.82M
Purchase Common Stock F6, F1 12,976 $276.7666 $3.59M
Purchase Common Stock F7, F1 200 $277.516 $56K
Purchase Common Stock F2, F1 3,539 $269.6588 $954K
Holdings After Transaction: Common Stock — 1,222,360 shares (Indirect, See footnote)
Footnotes (7)
  1. F1. These securities are owned directly by various commingled investment vehicles managed by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities reported on this Form 3 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  2. F2. This constitutes the weighted average purchase price. The prices range from $269.50 to $270.04. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  3. F3. This constitutes the weighted average purchase price. The prices range from $273.35 to $274.07. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  4. F4. This constitutes the weighted average purchase price. The prices range from $274.38 to $275.37. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  5. F5. This constitutes the weighted average purchase price. The prices range from $275.40 to $276.39. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  6. F6. This constitutes the weighted average purchase price. The prices range from $276.41 to $277.30. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  7. F7. This constitutes the weighted average purchase price. The prices range from $277.50 to $277.59. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Total shares purchased 30,100 shares Indirect open-market purchases by entities managed by Conifer Management on September 1–2, 2026
Shares purchased on September 1, 2026 3,539 shares Weighted average price $269.6588; range $269.50–$270.04
Shares purchased on September 2, 2026 (first block) 720 shares Weighted average price $273.6569; range $273.35–$274.07
Shares purchased on September 2, 2026 (second block) 6,055 shares Weighted average price $274.9539; range $274.38–$275.37
Shares purchased on September 2, 2026 (third block) 6,610 shares Weighted average price $275.7674; range $275.40–$276.39
Shares purchased on September 2, 2026 (fourth block) 12,976 shares Weighted average price $276.7666; range $276.41–$277.30
Shares purchased on September 2, 2026 (fifth block) 200 shares Weighted average price $277.5160; range $277.50–$277.59
weighted average purchase price financial
"This constitutes the weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
commingled investment vehicles financial
"These securities are owned directly by various commingled investment vehicles managed"
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of its pecuniary interest"
beneficial ownership financial
"disclaims beneficial ownership of the securities reported"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner regulatory
"Conifer Management, L.L.C. is indicated as a ten percent owner"

FAQ

What insider activity did GPI report from Conifer Management on this Form 4?

Conifer Management, L.L.C., a ten percent owner of GPI, reported multiple indirect open-market purchases totaling 30,100 shares of Group 1 Automotive common stock on September 1–2, 2026, through commingled investment vehicles it manages.

How many GPI shares did Conifer Management buy on September 1, 2026?

On September 1, 2026, entities managed by Conifer Management purchased 3,539 GPI shares of common stock at a weighted average price of $269.6588 per share, with individual trade prices ranging from $269.50 to $270.04.

What GPI share purchases did Conifer Management make on September 2, 2026?

On September 2, 2026, entities managed by Conifer Management purchased 26,561 GPI shares in several transactions at weighted average prices between $273.6569 and $277.5160 per share, with price ranges from $273.35 up to $277.59.

Were Conifer Management’s GPI purchases made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not state that these 30,100 GPI shares of common stock were purchased pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

Does Conifer Management claim full beneficial ownership of the reported GPI shares?

No. Conifer Management states that the securities are owned by commingled investment vehicles it manages and expressly disclaims beneficial ownership of the reported GPI shares except to the extent of its pecuniary interest, if any, in those securities.

Are the reported GPI transaction prices exact per-trade prices?

The reported prices are weighted average purchase prices for each transaction group. Footnotes explain that individual trades occurred within disclosed price ranges, and Conifer Management will provide full trade-level price details upon request to the SEC staff, the issuer, or a GPI security holder.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Conifer Management, L.L.C.

(Last)(First)(Middle)
45 ROCKEFELLER PLAZA
34TH FLOOR

(Street)
NEW YORK NEW YORK 10111

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GROUP 1 AUTOMOTIVE INC [ GPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026P3,539A$269.6588(2)1,195,799ISee footnote(1)
Common Stock09/02/2026P720A$273.6569(3)1,196,519ISee footnote(1)
Common Stock09/02/2026P6,055A$274.9539(4)1,202,574ISee footnote(1)
Common Stock09/02/2026P6,610A$275.7674(5)1,209,184ISee footnote(1)
Common Stock09/02/2026P12,976A$276.7666(6)1,222,160ISee footnote(1)
Common Stock09/02/2026P200A$277.516(7)1,222,360ISee footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These securities are owned directly by various commingled investment vehicles managed by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities reported on this Form 3 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
2. This constitutes the weighted average purchase price. The prices range from $269.50 to $270.04. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
3. This constitutes the weighted average purchase price. The prices range from $273.35 to $274.07. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
4. This constitutes the weighted average purchase price. The prices range from $274.38 to $275.37. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
5. This constitutes the weighted average purchase price. The prices range from $275.40 to $276.39. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
6. This constitutes the weighted average purchase price. The prices range from $276.41 to $277.30. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
7. This constitutes the weighted average purchase price. The prices range from $277.50 to $277.59. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Conifer Management, LLC, By: /s/ Gregory Alexander, Managing Member09/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)