Kenningham Daryl 4

What Happened Daryl Kenningham, President & CEO and a director of Group 1 Automotive (GPI), had 804 shares disposed to satisfy a tax liability on Feb 19, 2026. The shares were valued at $331.59 each, totaling $266,598. This was a tax-withholding disposition (code F), not an open-market sale, and is typically routine following an option exercise or vesting.

Key Details

• Transaction date: 2026-02-19; filing date: 2026-02-20 (timely filing).
• Disposition: 804 shares withheld at $331.59 per share; total value $266,598.
• Transaction code: F — payment of exercise price or tax liability (share withholding).
• Shares owned after the transaction: not disclosed in the provided filing details.
• No indication in this filing of a 10b5-1 plan or an open-market sale.

Context Tax-withholding dispositions often occur when executives exercise stock options or when restricted shares vest and the company withholds shares to cover required taxes (a cashless/net settlement). Such withholding is routine and does not necessarily indicate the insider is reducing their overall stake for investment reasons. Purchases by insiders tend to be more indicative of bullish sentiment; withholding to cover taxes is operational.