Form 4: Penske Automotive Director Lisa Ann Davis Acquires Additional Deferred Stock Units

Penske Automotive Group Director Lisa Ann Davis has acquired 189 additional deferred stock units, increasing her direct beneficial ownership to 24,722 units.

Summary

• Lisa Ann Davis, a Director of Penske Automotive Group, Inc. (PAG), reported an acquisition of securities.
• On June 3, 2025, Ms. Davis acquired 189 Deferred Stock Units, which are a form of phantom stock.
• Each Deferred Stock Unit represents the right to receive one share of Penske Automotive Group Common Stock.
• Following this transaction, Ms. Davis directly beneficially owns a total of 24,722 Deferred Stock Units.
• These units become exercisable upon Ms. Davis's separation from service from the Company's Board of Directors.

Sentiment

Score: 7

Explanation: The acquisition of deferred stock units by a director is generally viewed positively as it aligns the director's interests with those of shareholders, indicating confidence in the company's future. However, as a routine compensation grant, its direct impact on market sentiment is typically limited.

Positives

• The acquisition of additional deferred stock units by a director indicates continued alignment of interests between management and shareholders, potentially signaling confidence in the company's future prospects.

Negatives

• None identified in this filing.

Risks

• No new risks are disclosed in this Form 4 filing, as it primarily reports an insider transaction.

Future Outlook

This Form 4 filing details an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• No direct management comments or quotes are provided in this Form 4 filing, as it is a statutory report of changes in beneficial ownership.

Industry Context

This Form 4 filing reports a routine insider transaction related to director compensation and does not provide information on broader industry trends, competitive landscape, or market conditions within the automotive retail sector.

Comparison to Industry Standards

• Not applicable; this filing reports an individual insider transaction (equity compensation) and does not provide company performance data for comparison against industry benchmarks or specific comparable companies/projects.

Management Changes

Corporate Governance

Legal Proceedings

• No legal proceedings or regulatory matters are disclosed in this filing.

Related Party Transactions

• The acquisition of deferred stock units by a director constitutes a related party transaction as part of their compensation structure, aligning their interests with the company's performance.

Stakeholder Impact

• Shareholders: The transaction may be viewed positively as it increases a director's equity stake, aligning their interests with shareholder value creation.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• The acquired deferred stock units will become exercisable upon the reporting person's separation from service from the Company's Board of Directors.

Key Dates

Keywords

Penske Automotive Group, PAG, Lisa Ann Davis, Form 4, Deferred Stock Units, Phantom Stock, Director, Insider Transaction, Beneficial Ownership, Equity Compensation