Form 4: Group 1 Automotive SVP & CFO Daniel McHenry Reports Stock Disposal
SEC Form 4 Filing
Daniel McHenry, SVP & CFO of Group 1 Automotive, disposed of 163 shares of common stock on August 16, 2024, to cover tax obligations.
Summary
- On August 16, 2024, Daniel James McHenry, SVP & CFO of Group 1 Automotive Inc., disposed of 163 shares of common stock.
- The transaction was executed at a price of $356.02 per share.
- Following the transaction, McHenry directly owns 22,267.3943 shares of Group 1 Automotive Inc.
- The disposal was related to tax obligations.
Sentiment
Score: 5
Explanation: The document reports a routine stock disposal by an executive to cover tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of stock disposal transaction |
| 08/19/2024 | Date of Form 4 filing |
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