Form 4: Group 1 Automotive Executive Acquires Shares and Disposes of Shares to Cover Tax Obligations
SEC Form 4
James Albertine, SVP at Group 1 Automotive, reports acquiring and disposing of company stock in recent transactions.
Summary
- On February 11, 2025, James Albertine, SVP of Corporate Development & Procurement at Group 1 Automotive Inc. (GPI), acquired 428 shares of common stock at a price of $466.825 per share.
- On February 12, 2025, Albertine disposed of 130 shares of common stock at a price of $469.76 per share.
- Following these transactions, Albertine directly owns 1,729.7785 shares of Group 1 Automotive Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent a small percentage of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | James Albertine acquired 428 shares of common stock at $466.825 per share. |
| 02/12/2025 | James Albertine disposed of 130 shares of common stock at $469.76 per share. |
| 02/13/2025 | Date of signature by attorney-in-fact for James Albertine. |
Keywords
Group 1 Automotive, GPI, James Albertine, Stock Acquisition, Stock Disposal, Form 4, Insider Trading, SVP, Corporate Development, Procurement
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.