PAG Director Sandra E. Pierce Acquires 80 Deferred Stock Units
PENSKE AUTOMOTIVE GROUP, INC.
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Filing Summary
📊 Form 4 Filing Alert: Penske Automotive Group, Inc. ($PAG) Insider: Sandra E. Pierce (Director) Transaction: Acquisition (Award) of 80 Deferred Stock Units Date: 2026-09-01 Shares Held Following Transaction: 12,097 units Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Transaction Overview
On September 1, 2026, Sandra E. Pierce, a Director of Penske Automotive Group, Inc. ($PAG), acquired 80 Deferred Stock Units (Phantom Stock) via a grant or board fee deferral (Transaction Code A). Following this transaction, Director Pierce beneficially owns 12,097 Deferred Stock Units directly.
Key Transaction Terms
- Security: Deferred Stock Units (Phantom Stock)
- Conversion Ratio: 1-for-1 into Common Stock upon separation from service to the Board of Directors.
- Transaction Price: N/A (Routine director compensation award).
- Ownership Post-Transaction: 12,097 units.
Market & Trading Significance
This transaction is classified as Low significance. It represents a routine issuance of director phantom stock units as part of standard board compensation and does not reflect an open-market purchase or discretionary trade.
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