Form 4 for PAG PENSKE AUTOMOTIVE GROUP, INC.
Accepted 2022-06-03 00:00:00 ET · period of report 2022-06-01 · accession 0001209191-22-034019 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-06-03 | 2022-06-01 | PAG | PENSKE ROGER S | COB, CEO, Dir, 10% | S - Sale | $115.37 | -49.0K | 622.7K | -7% | -$5.65M | |
| 2022-06-03 | 2022-06-01 | PAG | PENSKE ROGER S | COB, CEO, Dir, 10% | F - Tax | $116.23 | -37.9K | 671.7K | -5% | -$4.40M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-06-01 | S | D | 49,009 | $115.37 | 622,721 | D | — | — | (F3) The transaction was executed in multiple trade prices ranging from $114.50 to $115.76. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. (F2) Mr. Penske also reports indirect beneficial ownership of 33,688,936 shares held by Penske Automotive Holdings Corp. (a subsidiary of Penske Corporation) and 492,185 shares held by Penske Corporation. Mr. Penske also reports indirect beneficial ownership of 286,833 shares held in a trust. Mr. Penske disclaims beneficial ownership of the securities held indirectly, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities. |
| 2 | Common | Common Stock | 2022-06-01 | F | D | 37,887 | $116.23 | 671,730 | D | — | — | (F1) Represents the number of shares of the Issuer's common stock withheld for payment of taxes on shares of restricted stock that vested on June 1, 2022. (F2) Mr. Penske also reports indirect beneficial ownership of 33,688,936 shares held by Penske Automotive Holdings Corp. (a subsidiary of Penske Corporation) and 492,185 shares held by Penske Corporation. Mr. Penske also reports indirect beneficial ownership of 286,833 shares held in a trust. Mr. Penske disclaims beneficial ownership of the securities held indirectly, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities. |