A statement of changes in beneficial ownership filed on August 12, 2026 discloses that David C. Kimbell, a director of Group 1 Automotive Inc (NYSE:GPI), acquired 336 restricted stock units on August 10, 2026.

Key Highlights

  • Reporting person: David C. Kimbell, identified as a Director of Group 1 Automotive Inc.
  • Transaction date: August 10, 2026, with the filing signed and submitted on August 12, 2026.
  • Units acquired: 336 restricted stock units (RSUs), recorded as an acquisition (Code A) at a price of $0.
  • Cash-settled instrument: According to the filing, each RSU "represents a contingent right to receive the cash value of one share of Group 1 Automotive, Inc. common stock."
  • Settlement trigger: The RSUs settle upon the director's separation from service, as defined under Section 1.409A-1(h) of the Internal Revenue Code, and will be paid in a lump sum cash payment.
  • Beneficial ownership after transaction: 336 RSUs held directly following the reported transaction.

Director RSU Award Details for Group 1 Automotive

Group 1 Automotive Inc, a publicly traded automotive retailer listed on the New York Stock Exchange under the ticker GPI, had a director-level ownership change reported on August 12, 2026. According to the filing, David C. Kimbell received 336 restricted stock units on August 10, 2026, with the transaction coded as an acquisition. The stated price of the derivative security is $0, consistent with a grant rather than a market purchase.

The filing specifies that the RSUs are cash-settled rather than settled in shares. Each unit carries a contingent right to receive the cash equivalent of one share of Group 1 Automotive common stock. Settlement occurs upon the director's separation from service, with the payout made in a single lump sum cash payment, as described in the explanation of responses section of the filing. The underlying security referenced is common stock, with 336 shares as the corresponding amount. Following the transaction, Kimbell's direct beneficial ownership of these RSUs stands at 336 units, according to the filing. The form was signed by Gillian A. Hobson as attorney-in-fact for David Kimbell.

What Was Disclosed

The filing reports that director David C. Kimbell of Group 1 Automotive Inc acquired 336 cash-settled restricted stock units on August 10, 2026, at $0, with settlement deferred until separation from service and payable as a lump sum cash amount.