8-K
filed May 16, 2024, 7:59 PM ET
ticker GPI
CIK 0001031203
other
confidence high
sentiment neutral
materiality 0.40
Group 1 stockholders approve 2024 ESPP and 2024 Long-Term Incentive Plan at annual meeting
GROUP 1 AUTOMOTIVE INC
- 2024 ESPP approved; shares available increased, term extended to May 24, 2034.
- 2024 Long-Term Incentive Plan approved, authorizing 700,000 shares for awards through May 15, 2034.
- All nine director nominees elected; votes ranged from 10.7M to 11.5M for, with broker non-votes of 1.17M.
- Non-binding say-on-pay approved with 11.2M for, 269K against; auditor Deloitte ratified with 12.7M for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
GROUP 1 AUTOMOTIVE INC shareholders approved Advisory vote on compensation of Named Executive Officers at the 2024-05-15 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Proposal 2: The compensation of the Company’s Named Executive Officers was approved, on a non-binding advisory basis, based upon the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
GROUP 1 AUTOMOTIVE INC shareholders approved Approval of 2024 Plan including authorization of 700,000 shares and term extension at the 2024-05-15 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Proposal 5: The 2024 Plan was approved, including the authorization of 700,000 shares to be used for awards and the extension of the term thereof to May 15, 2034, based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
GROUP 1 AUTOMOTIVE INC shareholders approved Approval of 2024 ESPP including share increase and term extension at the 2024-05-15 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Proposal 4: The 2024 ESPP was approved, including the increase to the number of shares available for issuance under the 2024 ESPP and extension of the term thereof to May 24, 2034, based on the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
GROUP 1 AUTOMOTIVE INC shareholders approved Election of nine director nominees at the 2024-05-15 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Proposal 1: The nine director nominees named in the Proxy Statement were elected as directors to serve until the 2025 Annual Meeting of Stockholders or until their successors are duly elected and qualified, based upon the following votes:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
GROUP 1 AUTOMOTIVE INC shareholders approved Ratification of Deloitte & Touche LLP as independent auditor at the 2024-05-15 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Proposal 3: The ratification of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, was approved, based upon the following votes:
View on SEC.gov
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