Roger S. Penske - Feb 13, 2024 Form 4 Insider Report for PENSKE AUTOMOTIVE GROUP, INC. (PAG)

Role
Chair & CEO, Director, 10%+ Owner
Signature
/s/ Shane M. Spradlin, by power of attorney
Stock symbol
PAG
Transactions as of
Feb 13, 2024
Transactions value $
$0
Form type
4
Date filed
2/14/2024, 04:17 PM
Previous filing
Dec 8, 2023
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAG Common Stock Award +31.7K +12.86% 278K Feb 13, 2024 Direct F1, F2
holding PAG Common Stock 34.2M Feb 13, 2024 By Corporation F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fifteen percent of the shares vest on June 1, 2025, fifteen percent of the shares vest on June 1, 2026, twenty percent of the shares vest on June 1, 2027, and fifty percent of the shares vest on June 1, 2028.
F2 Price is not relevant to this transaction.
F3 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 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.