Form 4: Group 1 Automotive SVP & CFO, Daniel McHenry, Reports Stock Transaction

Daniel McHenry, SVP & CFO of Group 1 Automotive, reported a disposition of 1,513 shares of common stock on December 31, 2024, at a price of $424.14 per share.

Summary

• Daniel McHenry, the Senior Vice President and Chief Financial Officer of Group 1 Automotive Inc., filed a Form 4 indicating a transaction involving the company's common stock.
• On December 31, 2024, Mr. McHenry disposed of 1,513 shares of common stock at a price of $424.14 per share.
• Following this transaction, Mr. McHenry beneficially owns 17,134.3587 shares of Group 1 Automotive stock.
• The transaction included shares withheld for tax purposes and shares purchased through the company's Employee Stock Purchase Plan.
• The Employee Stock Purchase Plan offers a 15% discount on the stock price, calculated using the lower of the closing price on the first or last day of the quarter.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of a stock transaction, and does not indicate any positive or negative sentiment.

Positives

• The Employee Stock Purchase Plan allows employees to purchase company stock at a 15% discount.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies. It does not indicate any specific trend in the automotive retail industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, and this transaction is consistent with typical executive stock transactions.
• The Employee Stock Purchase Plan is a common benefit offered by many companies, including those in the automotive retail sector.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is a small portion of the total shares outstanding.
• The Employee Stock Purchase Plan benefits employees by allowing them to purchase company stock at a discount.

Key Dates

Keywords

Group 1 Automotive, Daniel McHenry, Form 4, stock transaction, insider trading, employee stock purchase plan, SVP & CFO