Form 4: Group 1 Automotive CEO Daryl Kenningham Reports Stock Transfers
SEC Form 4 Filing
Daryl Kenningham, President & CEO of Group 1 Automotive, reports the disposition and acquisition of common stock through a trust.
Summary
- On February 26, 2024, Daryl Kenningham, the President & CEO of Group 1 Automotive Inc., reported a transaction involving the company's common stock.
- Kenningham disposed of 11,646 shares of common stock at $0.
- Concurrently, Kenningham acquired 11,646 shares of common stock at $0 through the Kenningham Management Trust.
- Following these transactions, Kenningham directly owns 32,458.42 shares and indirectly owns 25,482.46 shares through the trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholder sentiment, but the overall effect is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock transaction (disposition and acquisition). |
| 03/04/2024 | Date of signature for the report. |
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