Form 4: Group 1 Automotive Executive Acquires Shares, Then Disposes of Some for Tax Obligations

Shelley Washburn, SVP and Chief Marketing Officer of Group 1 Automotive, recently acquired shares of common stock and subsequently disposed of a portion to cover tax liabilities.

Summary

• On February 11, 2025, Shelley Washburn, SVP, Chief Marketing Officer of Group 1 Automotive Inc., acquired 428 shares of common stock at a price of $466.825 per share.
• The following day, February 12, 2025, Washburn disposed of 53 shares of common stock at a price of $469.76 per share to satisfy tax obligations.
• Following these transactions, Washburn directly owns 910 shares of Group 1 Automotive Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. There is no indication of positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's common for executives to acquire shares as part of compensation packages and then sell a portion to cover tax liabilities.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates

Keywords

Group 1 Automotive, Shelley Washburn, stock acquisition, stock disposal, Form 4, insider trading, tax obligations, common stock