Roger S. Penske - Jun 1, 2023 Form 4 Insider Report for PENSKE AUTOMOTIVE GROUP, INC. (PAG)

Role: Chair & CEO, Director, 10%+ Owner
Signature: /s/Shane M. Spradlin as attorney in fact
Stock symbol: PAG
Transactions as of: Jun 1, 2023
Transactions value $: -$5,835,932
Form type: 4
Date filed: 6/5/2023, 05:03 PM
Previous filing: Feb 17, 2023
Next filing: Dec 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAG	Common Stock	Tax liability	-$5.84M	-42.2K	-6.26%	$138.43	631K	Jun 1, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2023.
F2	Mr. Penske also reports indirect beneficial ownership of 33,688,936 shares held by Penske Automotive Holdings Corp. (a subsidiary of Penske Corporation) and 492,185 shares held by Penske Corporation. Mr. Penske also reports indirect beneficial ownership of 286,833 shares held in a trust. Mr. Penske disclaims beneficial ownership of the securities held indirectly, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities.

Content

Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2023.

Mr. Penske also reports indirect beneficial ownership of 33,688,936 shares held by Penske Automotive Holdings Corp. (a subsidiary of Penske Corporation) and 492,185 shares held by Penske Corporation. Mr. Penske also reports indirect beneficial ownership of 286,833 shares held in a trust. Mr. Penske disclaims beneficial ownership of the securities held indirectly, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities.