Hulgrave Michelle 4
4 · PENSKE AUTOMOTIVE GROUP, INC. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Penske Automotive (PAG) CFO Michelle Hulgrave Receives 4,994-Share Award
What Happened
- Michelle Hulgrave, EVP & Chief Financial Officer of Penske Automotive Group (PAG), received an award/grant of 4,994 shares on February 25, 2026. The reported transaction is coded as an award/grant (A); no purchase price is reported and total value is not provided.
Key Details
- Transaction date: 2026-02-25; Form filed: 2026-02-27 (appears timely).
- Shares granted: 4,994; price: not applicable (per filing footnote).
- Vesting schedule (footnote): 15% vests on 6/1/2027, 15% on 6/1/2028, 20% on 6/1/2029, and 50% on 6/1/2030.
- Shares owned after transaction: not reported in the supplied filing excerpt.
- Transaction code meaning: A = Award/Grant.
Context
- This is a time‑based equity award (compensation) rather than an open‑market purchase or sale, so it does not represent an immediate bullish or bearish trading signal. The multi-year vesting schedule means the shares are subject to future service or performance conditions before they become fully owned/transferable.
Insider Transaction Report
Form 4
Hulgrave Michelle
EVP & CFO
Transactions
- Award
Common Stock
[F1][F2]2026-02-25+4,994→ 21,816 total
Footnotes (2)
- [F1]Fifteen percent of the shares vest on June 1, 2027, fifteen percent of these shares vest on June 1, 2028, twenty percent of the shares vest on June 1, 2029, and fifty percent of the shares vest on June 1, 2030.
- [F2]Price is not relevant to this transaction.
Signature
/s/ Shane M. Spradlin, by power of attorney|2026-02-27