Form 4: Director Kimberly J McWaters Acquires Deferred Stock Units in Penske Automotive Group
SEC Form 4 Filing
Kimberly J McWaters, a director of Penske Automotive Group, acquired 359 deferred stock units on September 4, 2024, according to a Form 4 filing with the SEC.
Summary
- On September 4, 2024, Kimberly J McWaters, a director of Penske Automotive Group, acquired 359 deferred stock units.
- These units are exercisable upon McWaters' separation from service from the Company's Board of Directors.
- Following the transaction, McWaters directly owns 54,907 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like directors and officers, trade their company's stock. These filings provide transparency into the transactions of those with privileged information.
Key Dates
| Date | Description |
|---|---|
| 09/04/2024 | Date of transaction: Kimberly J McWaters acquired 359 deferred stock units. |
| 09/06/2024 | Date of signature on the Form 4 filing. |
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