Form 4: Penske Automotive Group Director Lisa Ann Davis Acquires Deferred Stock Units
SEC Form 4 Filing
Lisa Ann Davis, a director of Penske Automotive Group, acquired 158 deferred stock units on September 4, 2024.
Summary
- On September 4, 2024, Lisa Ann Davis, a director of Penske Automotive Group, acquired 158 deferred stock units.
- These units are exercisable upon her separation from service from the Company's Board of Directors.
- Following the transaction, Ms. Davis directly owns 24,182 deferred stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting a change in beneficial ownership. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) trade in the company's securities. This filing indicates a change in Ms. Davis's holdings of Penske Automotive Group stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves deferred stock units granted to a director.
Key Dates
| Date | Description |
|---|---|
| 09/04/2024 | Date of transaction: Lisa Ann Davis acquired 158 deferred stock units. |
| 09/06/2024 | Date of signature on the Form 4 filing. |
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