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.
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.
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Insights
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Insider Trade Summary
Net Buyer: 30,100 shares
Net Buy
6 txns
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)
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Key Figures
Total shares purchased: 30,100 shares
Shares purchased on September 1, 2026: 3,539 shares
Shares purchased on September 2, 2026 (first block): 720 shares
+4 more
7 metrics
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
Key Terms
weighted average purchase price, commingled investment vehicles, pecuniary interest, beneficial ownership, +1 more
5 terms
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.
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.
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.