Company: GPI
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001031203-25-000023
Chunk: 44

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 44
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,059 |     |           |    35,000 |     |             |   699,995 |     |                   |   608,692 |     |                                            |   100,180 |     |                                                                         |  27,653 |     |                             | 2,012,579 |     |          |           |
| Michael D. Jones                                                                     
 Senior Vice President, Aftersales                                                    |     | 2024 |           |     |           |   546,000 |     |             |         — |     |                   |   650,081 |     |                                            |   479,378 |     |                                                                         | 103,323 |     |                             |    37,499 |     |          | 1,816,281 |
| 2023                                                                                 |     |      |   525,000 |     |           |         — |     |             |   699,914 |     |                   |   478,734 |     |                                            |   117,304 |     |                                                                         |  28,393 |     |                             | 1,849,345 |     |          |           |

(1) For Mr. DeLongchamps, reflects a one-time, special bonus paid in special recognition of his successful engagement in 2022 with our manufacturer partners. For Ms. Hobson, reflects a one-time hiring bonus paid to Ms. Hobson when she joined the Company on January 16, 2023.

(2) The amounts in the “Stock Awards” column reflect the required accounting expense for restricted stock and performance share awards and do not correspond to the actual value that may be recognized by our NEOs with respect to such awards; instead, they represent the grant date fair value of the awards computed in accordance with FASB ASC Topic 718, Compensation—Stock Compensation in connection with awards granted under the LTIP. Assumptions made in the calculation of these amounts are included in Note 6. Stock-Based Compensation Plans and Note 5. Stock-Based Compensation Plans to the audited financial statements included in our Annual Reports on Form 10-K for the applicable fiscal years. Certain of these awards have no intrinsic value to the recipient until the performance or vesting schedule is met. For example: as of December 31, 2024, our NEOs had not realized any value from their 2024 restricted stock awards because vesting will not begin until 2025, when forfeiture restrictions will lapse as