Denker Claude H III 4/A
4/A · PENSKE AUTOMOTIVE GROUP, INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Penske Automotive EVP Claude Denker Receives 4,992-Share Award
What Happened
- Claude H. Denker III, EVP — Human Resources at Penske Automotive Group (PAG), received a grant/award of 4,992 shares on February 25, 2026. The transaction is reported as an award/grant (code A) and no purchase price is applicable to this transaction.
Key Details
- Transaction date: 2026-02-25; Form 4 originally filed 2026-02-27 and amended 2026-03-12 to correct a tabulation error — no additional transaction occurred.
- Shares granted: 4,992 restricted shares. Price: not applicable (footnote: price not relevant).
- Vesting schedule (footnote): 15% vests June 1, 2027; 15% vests June 1, 2028; 20% vests June 1, 2029; 50% vests June 1, 2030.
- Shares owned after transaction: the filing states the reporting person’s beneficial ownership was updated; the aggregate post-transaction total is provided in the Form 4 filing itself.
Context
- This was a compensation award (restricted/share grant), not an open-market purchase or sale. Such awards typically vest over time and do not necessarily indicate immediate buying or selling intent. The amended Form 4 corrects the original filing’s tabulation error; the original filing appears to have been filed on time and the amendment does not reflect a new trade.
Insider Transaction Report
Form 4/AAmended
Denker Claude H III
EVP - Human Resources
Transactions
- Award
Common Stock
[F1][F2]2026-02-25+4,992→ 33,665 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