Form 4: Penske Automotive Director Boosts Stock Unit Holdings

Penske Automotive Group Director Kimberly J. Mcwaters acquired 498 deferred stock units, increasing her beneficial ownership to 58,599 units.

Summary

• Kimberly J. Mcwaters, a Director of Penske Automotive Group, Inc. (PAG), reported a change in beneficial ownership.
• On December 2, 2025, Ms. Mcwaters acquired 498 Deferred Stock Units (Phantom Stock).
• Each Deferred Stock Unit converts on a one-for-one basis into Common Stock.
• Following this transaction, Ms. Mcwaters beneficially owns 58,599 Deferred Stock Units.
• These units become exercisable upon Ms. Mcwaters' separation from service to the Company's Board of Directors.

Sentiment

Score: 6

Explanation: The acquisition of deferred stock units by a director is generally viewed as a minor positive, indicating continued alignment of interests and potential confidence in the company's long-term prospects.

Positives

• A Director acquiring additional stock units can signal confidence in the company's future performance.
• Increased alignment of management/director interests with shareholder interests.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction is a routine disclosure of a director's equity compensation and does not provide broader insights into industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Potentially positive, as increased director ownership aligns interests.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Next Steps

• The acquired Deferred Stock Units will become exercisable upon Kimberly J. Mcwaters' separation from service to the Company's Board of Directors.

Key Dates

Keywords

Penske Automotive Group, PAG, Form 4, Insider Transaction, Deferred Stock Units, Director Ownership, Beneficial Ownership