Form 4: Group 1 Automotive Director Lincoln Pereira Reports Share Transactions
SEC Form 4 Filing
Director Lincoln Pereira of Group 1 Automotive Inc. reported acquiring 533 shares and disposing of 2,951 shares indirectly held through Abbe Investments, Ltd.
Summary
- Lincoln Pereira, a director at Group 1 Automotive Inc., filed a Form 4 disclosing changes in beneficial ownership.
- On January 2, 2025, Pereira acquired 533 shares of common stock at a price of $0.
- On the same date, Pereira disposed of 2,951 shares of common stock indirectly held through Abbe Investments, Ltd.
- Following these transactions, Pereira directly owns 533 shares and indirectly owns 98,467 shares through Abbe Investments, Ltd.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for directors of publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
- The transactions are relatively small compared to the overall market capitalization of Group 1 Automotive, and are not unusual for a director's trading activity.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders as they are relatively small and routine.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the share acquisition and disposal transactions. |
| 01/06/2025 | Date the Form 4 was signed. |
Keywords
Group 1 Automotive, Lincoln Pereira, insider trading, Form 4, share transactions, beneficial ownership, Abbe Investments
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