Daryl Kenningham - Feb 23, 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
Stock symbol
GPI
Transactions as of
Feb 23, 2023
Transactions value $
-$2,492,932
Form type
4
Date filed
9/1/2023, 04:58 PM
Previous filing
Feb 22, 2023
Next filing
Aug 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPI Common Stock Gift $0 -11.4K -28.03% $0.00 29.2K Feb 23, 2023 Direct F1
transaction GPI Common Stock Gift $0 +11.4K +95.18% $0.00 23.3K Feb 23, 2023 Kenningham Management Trust
transaction GPI Common Stock Sale -$2.12M -8.08K -34.62% $262.23 15.3K Aug 18, 2023 Kenningham Management Trust F2, F3
transaction GPI Common Stock Sale -$374K -1.42K -9.31% $263.46 13.8K Aug 18, 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.