Group 1 Automotive (NYSE: GPI) legal chief uses 126 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Group 1 Automotive senior executive Gillian A. Hobson reported a small tax-related share disposition. On the reported date, she transferred 126 shares of Group 1 Automotive common stock at an indicated price of $333.15 per share to satisfy tax withholding obligations. After this non-market, tax-withholding disposition, she directly owned 9,543 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hobson Gillian A.
Role
SVP, Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 126 | $333.15 | $42K |
Holdings After Transaction:
Common Stock — 9,543 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did GPI executive Gillian A. Hobson report on this Form 4?
Gillian A. Hobson reported a tax-withholding disposition of 126 shares of Group 1 Automotive common stock. The shares were delivered to cover tax liabilities, not sold in the open market, reflecting an administrative adjustment rather than an investment decision.
Does this GPI Form 4 show an open-market sale by the executive?
No, the Form 4 reflects a tax-withholding disposition under transaction code F, not an open-market sale. Shares were delivered to satisfy tax liabilities related to equity compensation, a common administrative mechanism rather than a discretionary sale decision in the public market.
What role does Gillian A. Hobson hold at Group 1 Automotive (GPI)?
Gillian A. Hobson is identified as SVP, Chief Legal Officer & Secretary of Group 1 Automotive. Her Form 4 filing reports equity-related activity in the company’s common stock tied to her executive compensation and associated tax obligations, rather than routine trading activity.