Penske Automotive Group Director Lisa Ann Davis Receives Deferred Stock Units
PENSKE AUTOMOTIVE GROUP, INC.
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Filing Summary
Form 4 Alert: Penske Automotive Group, Inc. ($PAG) Insider: Davis Lisa Ann (Director) Action: Award / Grant of 170 Deferred Stock Units Date: 2026-09-01 Post-Transaction Holdings: 25,715 units Significance: Low (Routine Board Compensation Grant)
Comprehensive Analysis
Penske Automotive Group, Inc. ($PAG) Form 4 Analysis
Overview: On September 3, 2026, Penske Automotive Group, Inc. filed a Form 4 for Director Lisa Ann Davis detailing an award of 170 Deferred Stock Units (Phantom Stock) acquired on September 1, 2026.
Transaction Breakdown:
- Security: Deferred Stock Units (Phantom Stock), convertible 1-for-1 into Common Stock upon separation of service from the Board of Directors.
- Transaction Code:
A(Grant/Award) - Shares Acquired: 170 units
- Price per Share: $0 / N/A (Standard equity compensation)
- Post-Transaction Beneficial Ownership: 25,715 units held directly.
Market & Significance Assessment: This transaction represents a routine award of deferred equity compensation typically issued to non-employee directors for board service. Because this is an equity award rather than an open-market purchase or sale, it carries Low trading significance for investors.
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