PAG Director Greg C. Smith Receives Deferred Stock Units
PENSKE AUTOMOTIVE GROUP, INC.
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Filing Summary
Form 4 Update: PENSKE AUTOMOTIVE GROUP, INC. ($PAG) Insider: Greg C. Smith (Director) Type: Grant / Award (Code A) Security: Deferred Stock Units (Phantom Stock) Shares Transacted: 144 units Post-Transaction Holdings: 21,852 units Significance: Low (Routine director compensation)
Comprehensive Analysis
Penske Automotive Group, Inc. ($PAG) Insider Filing Overview
- Reporting Person: Greg C. Smith
- Role: Director
- Filing Date: September 3, 2026
- Transaction Date: September 1, 2026
Key Details
- Security: Deferred Stock Units (Phantom Stock)
- Transaction Type: Acquisition / Grant (
Code A) - Units Acquired: 144
- Conversion / Exercise Price: 1-for-1 conversion ratio into Common Stock upon separation from Board service.
- Post-Transaction Beneficial Ownership: 21,852 units
Market Impact & Assessment
This transaction represents a routine award or deferral of board compensation into phantom stock/deferred stock units. It does not represent an open-market purchase or sale and carries Low market trading significance.
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Important Disclaimer
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