Group 1 Automotive Director David Kimbell Receives RSU Award

What Happened David C. Kimbell, a director of Group 1 Automotive, Inc. (GPI), received a grant of 336 restricted stock units (RSUs) on August 10, 2026. The reported acquisition price is $0.00 because these RSUs are a derivative award representing a contingent right to the cash value of one share each; no shares were bought or sold in an open‑market transaction.

Key Details

• Transaction date: 2026-08-10; Form 4 filed 2026-08-12 (appears timely, within the usual 2‑business‑day window).
• Grant: 336 restricted stock units (reported as derivative, Code A — award/grant).
• Reported price: $0.00 per unit (RSUs are not purchased equity).
• Shares owned after transaction: not specified in the provided details.
• Footnotes: F1 — each RSU equals a contingent right to the cash value of one Group 1 share; F2 — RSUs settle in a lump‑sum cash payment on the director’s separation from service (per IRS definition in 1.409A‑1(h)).
• No indications of a 10b5‑1 plan, sale, or tax‑withholding event in the provided summary.

Context These RSUs are cash‑settled and payable upon the director’s separation from service, so they do not immediately increase outstanding share count or reflect an open‑market purchase. Director awards are common as compensation for board service; they are informational about compensation but do not by themselves indicate a buying or selling signal.