MCHENRY DANIEL JAMES 4
4 · GROUP 1 AUTOMOTIVE INC · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
GPI CFO Daniel McHenry Pays Tax Withholding on 370 Shares
What Happened
Daniel McHenry, SVP & CFO of Group 1 Automotive Inc. (GPI), had a total of 370 shares withheld to satisfy tax/exercise obligations in connection with option-related transactions. On Feb 11, 2026, 138 shares were withheld at $339.19 each for $46,808; on Feb 12, 2026, 232 shares were withheld at $338.54 each for $78,541. The combined value of the withheld shares is $125,349. These entries are recorded as tax/withholding dispositions (code F), a routine administrative step rather than an open-market sale.
Key Details
- Transaction dates and prices:
- 2026-02-11: 138 shares @ $339.19 = $46,808 (withheld)
- 2026-02-12: 232 shares @ $338.54 = $78,541 (withheld)
- Total shares withheld: 370; total value: $125,349.
- Shares owned after transaction: Not specified in the provided filing excerpt (see full Form 4 for updated ownership).
- Footnote/transaction code: F — payment of exercise price or tax liability (share withholding).
- Filing timeliness: Report filed 2026-02-13 for transactions on Feb 11–12, 2026 (appears timely under Form 4 rules).
Context
Code F indicates shares were withheld to cover taxes or exercise costs associated with an option exercise (a common cashless/withholding method). This is an administrative disposition and should not be read as the insider initiating an open-market sale for investment reasons. For full details on the underlying option exercise and any remaining holdings, consult the complete Form 4 filing.
Insider Transaction Report
- Tax Payment
Common Stock
2026-02-11$339.19/sh−138$46,808→ 18,143.419 total - Tax Payment
Common Stock
2026-02-12$338.54/sh−232$78,541→ 17,911.419 total