Kenningham Daryl - 23 Feb 2023 Form 4 Insider Report for GROUP 1 AUTOMOTIVE INC (GPI)

Role
President & CEO, Director
Signature
/s/ Gillian A. Hobson, attorney-in-fact for Daryl Kenningham
Issuer symbol
GPI
Transactions as of
23 Feb 2023
Transactions value $
-$2,492,932
Form type
4
Filing time
01 Sep 2023, 17:58:00 UTC
Previous filing
22 Feb 2023
Next filing
21 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPI Common Stock Gift $0 -11,380 -28% $0 29,217 23 Feb 2023 Direct F1
transaction GPI Common Stock Gift $0 +11,380 +95% $0 23,336 23 Feb 2023 Kenningham Management Trust
transaction GPI Common Stock Sale -$2,118,818 -8,080 -35% $262.23 15,256 18 Aug 2023 Kenningham Management Trust F2, F3
transaction GPI Common Stock Sale -$374,113 -1,420 -9.3% $263.46 13,836 18 Aug 2023 Kenningham Management Trust F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares purchased in the Group 1 Automotive, Inc. Employee Stock Purchase Plan. The plan provides for a stock purchase discount of 15%, and is calculated using the stock closing price of the first or last day of the quarter, whichever is lower.
F2 The transaction was mistakenly reported as a sale from direct holdings, but should have been reported as a sale from the management trust. The transaction has been re-reported as a sale from the management trust.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.00 to $262.89, inclusive. The reporting person undertakes to provide to Group 1 Automotive, Inc., any security holder of Group 1 Automotive, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $263.06 to $263.65, inclusive. The reporting person undertakes to provide to Group 1 Automotive, Inc., any security holder of Group 1 Automotive, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.