Form 4: Group 1 Automotive SVP & CFO Daniel McHenry Sells Shares
SEC Form 4
Daniel McHenry, SVP & CFO of Group 1 Automotive, sold 2,437 shares of common stock at an average price of $309.61 on May 21, 2024.
Summary
- On May 21, 2024, Daniel James McHenry, the SVP & CFO of Group 1 Automotive Inc., sold 2,437 shares of the company's common stock.
- The sale was executed at a weighted average price of $309.61 per share.
- The price range for the shares sold was between $309.39 and $310.10.
- Following the transaction, McHenry directly owns 22,430.3943 shares of Group 1 Automotive Inc.
- This number includes shares purchased through the Group 1 Automotive, Inc. Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale by an executive. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive can sometimes influence investor sentiment, although this particular transaction is unlikely to have a significant impact given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of the stock sale transaction. |
| 05/23/2024 | Date of the Form 4 filing. |
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