GROUP 1 AUTOMOTIVE INC (GPI) Form 8-K — Aug 11, 2026
Group 1 Automotive's board appointed David C. Kimbell as a director effective August 10, 2026, expanding the board from nine to ten members and naming him to the Audit Committee. He will also enter a standard indemnification agreement and received a pro-rata RSU award valued at $88,657. Kimbell brings more than 30 years of retail experience, most recently as CEO of Ulta Beauty, where revenue grew from $6.2 billion in 2020 to $11.3 billion, and he currently sits on Best Buy's board.
Key figures
- Franchises
- 310
- Dealerships
- 249
- Collision centers
- 32
- Auto brands offered
- 37
- Dividend record date
- September 1, 2026
- Dividend increase pct
- 10
- Dividend payable date
- September 15, 2026
- Director rsu award value
- $88,657 (pro-rated from $225,000)
- Board size after expansion
- 10
- Quarterly dividend per share
- 0.55
- Annualized dividend rate 2025
- $2.00 per share
- Annualized dividend rate 2026
- $2.20 per share
- Ulta revenue during kimbell tenure
- $6.2 billion in 2020 to $11.3 billion
Price after filing
Close on the filing date to close N calendar days later (from $266.26). Historical, not a forecast.
AI analysis
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