Form 4: Group 1 Automotive Executive Sells Shares on May 16, 2024
SEC Form 4
Michael David Jones, Sr. Vice President of Aftersales at Group 1 Automotive, sold 605 shares of common stock at a price of $318.68 on May 16, 2024.
Summary
- On May 16, 2024, Michael David Jones, Sr. Vice President, Aftersales at Group 1 Automotive Inc. (GPI), sold 605 shares of common stock.
- The transaction was executed at a price of $318.68 per share.
- Following the transaction, Jones directly owns 10,930.3333 shares of Group 1 Automotive Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Michael David Jones sold shares of common stock. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
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