Penske Automotive Group Director Raymond E. Scott Receives 10 Deferred Stock Units
PENSKE AUTOMOTIVE GROUP, INC.
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Filing Summary
Form 4 Filing Alert: Penske Automotive Group, Inc. (PAG) • Insider: Raymond E. Scott (Director) • Transaction Date: September 1, 2026 • Type: Grant / Acquisition (Code: A) • Security: Deferred Stock Units (Phantom Stock) • Amount: 10 units • Post-Transaction Holdings: 1,524 units • Significance: Low (Routine Director Compensation/Dividend Reinvestment)
Comprehensive Analysis
Overview & Significance
On September 3, 2026, Raymond E. Scott, a Director at Penske Automotive Group, Inc. ($PAG), filed a Form 4 reporting an acquisition of 10 Deferred Stock Units (Phantom Stock) on September 1, 2026.
This transaction carries Low trading significance as it reflects a routine board-related equity grant or dividend equivalent accrual, rather than open-market discretionary trading.
Transaction Details
- Security: Deferred Stock Units (Phantom Stock)
- Conversion Ratio: 1-for-1 into Common Stock
- Units Acquired: 10
- Transaction Price: N/A (Award/Grant)
- Ownership After Transaction: 1,524 Deferred Stock Units (Held Directly)
- Exercisability: Exercisable upon separation from service to the Board of Directors.
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