DeLongchamps Peter C 4

What Happened

• Peter C. DeLongchamps, Senior Vice President, Financial Services & Manufacturer Relations at Group 1 Automotive (GPI), acquired a total of 3,121 shares through company awards/acquisitions recorded as A on the Form 4. The filings list 1,636 shares acquired on 2026-01-27 and 1,485 shares acquired on 2026-02-10. Each line shows a per-share price of $0.00 on the Form 4; a filing footnote clarifies these include purchases under the Group 1 Employee Stock Purchase Plan (ESPP), which provides a 15% discount.

Key Details

• Transaction dates and reported prices:
  • 2026-01-27: 1,636 shares, reported price $0.00 (Form 4)
  • 2026-02-10: 1,485 shares, reported price $0.00 (Form 4)
• Total shares acquired: 3,121 shares.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: F1 — shares were purchased under the Group 1 ESPP, which applies a 15% discount (calculated using the lower of the first or last day of the quarter closing price).
• Timeliness: The Form 4 was filed 2026-02-12. The 2026-01-27 acquisition appears to have been reported late (filed ~16 days after the trade); the 2026-02-10 acquisition was reported within the typical two-business-day window.

Context

• These acquisitions were made through the company’s ESPP (payroll/purchase plan), not open-market buys; such purchases are common for employees and reflect buying at a planned discount rather than a discretionary large market buy. The Form 4’s $0.00 price line is a reporting artifact; the footnote explains the actual purchase used the ESPP 15% discount calculation. As with all insider filings, this is factual disclosure and does not explain the insider’s motivations.