Group 1 Automotive (GPI) Conifer Management (10% Owner) Buys 273,712 Shares

What Happened

• Conifer Management, L.L.C. (reported as a 10% owner) made a series of open‑market purchases (transaction code P) in Group 1 Automotive, acquiring a total of 273,712 shares between September 28 and September 30, 2026. The aggregate cost reported is approximately $66.28 million. Individual trades ranged in price from $235.63 to $250.35 per share across the three trading days.

Key Details

• Transaction dates: 2026-09-28, 2026-09-29, 2026-09-30.
• Total shares acquired: 273,712; total reported value: ~$66.28 million.
• Price range: $235.63 – $250.35; many purchases reported as weighted-average ranges in filing footnotes (detailed breakdown available upon request per the filing).
• Shares owned after transaction: Not disclosed in this Form 4.
• Insider role: Conifer is an institutional manager; footnote F1 states the shares are owned directly by commingled investment vehicles managed by Conifer and the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Report filed 2026-09-30 for transactions beginning 2026-09-28 (filed within the typical two‑business‑day Section 16 window).

Context

• This filing reflects institutional accumulation by a 10% owner/manager rather than an executive officer. Purchases by large holders can signal confidence or portfolio rebalancing but do not alone explain intent — the filing’s footnotes note commingled fund ownership and provide weighted‑average price ranges; the filer will provide per‑price purchase details upon request.