PENSKE AUTOMOTIVE GROUP, INC.·4/A

Mar 12, 5:01 PM ET

PENSKE ROGER S 4/A

4/A · PENSKE AUTOMOTIVE GROUP, INC. · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Penske Automotive (PAG) Roger S. Penske Receives 39,935-Share Award

What Happened
Roger S. Penske, listed as a 10% owner of Penske Automotive Group, received an award/grant of 39,935 shares on February 25, 2026 (transaction code A). No per-share price or total dollar value is reported (price not relevant to this transaction). The filing on March 12, 2026 is an amendment correcting a tabulation error in the original Form 4; no additional transaction occurred.

Key Details

  • Transaction date: 2026-02-25 (reported originally Feb 27, 2026; amended Mar 12, 2026 to correct totals)
  • Transaction type/code: Award/Grant (A)
  • Shares acquired: 39,935; Price: N/A (footnote F2 — price not relevant)
  • Vesting schedule (footnote F1): 15% vests 6/1/2027, 15% vests 6/1/2028, 20% vests 6/1/2029, 50% vests 6/1/2030
  • Beneficial ownership: Amended filing states beneficial ownership was updated, but the specific post-transaction total is not provided in the supplied data
  • Filing status: Amendment filed to correct an inadvertent tabulation error; no additional transaction disclosed

Context
This is a time‑vesting equity award (likely part of compensation or long-term incentives), not an open-market purchase or sale. Such awards typically restrict immediate sale until vesting dates, so they signal ongoing alignment with the company but are not an immediate market sentiment indicator. As a 10% owner, Penske’s holdings are significant; this amendment corrects the record rather than reporting a new trade.

Insider Transaction Report

Form 4/AAmended
Period: 2026-02-25
PENSKE ROGER S
DirectorChair & CEO10% Owner
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-02-25+39,935179,977 total
Footnotes (2)
  • [F1]Fifteen percent of these 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|2026-03-12

Documents

1 file
  • 4
    wk-form4a_1773349295.xml

    FORM 4/A