PAG Form 144: holder to sell 2,100 Penske Automotive shares
Rhea-AI Filing Summary
Penske Automotive Group (PAG) has a shareholder filing a notice under Rule 144 to sell 2,100 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE. The aggregate market value of the shares listed for sale is $336,350.49, compared with 65,858,552 shares outstanding of the same class. The shares come from restricted stock that vested under a registered plan, with 1,337 shares acquired on 06/01/2024 and 763 shares acquired on 06/01/2025 as compensation for services rendered.
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FAQ
What does the Form 144 filing for Penske Automotive Group (PAG) disclose?
The filing discloses that a PAG shareholder intends to sell 2,100 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC on the NYSE.
What is the market value of the Penske Automotive Group (PAG) shares to be sold?
The 2,100 PAG common shares listed for sale have an aggregate market value of $336,350.49 according to the notice.
How many Penske Automotive Group (PAG) shares are outstanding?
The notice states that there are 65,858,552 shares of PAG common stock outstanding.
How were the Penske Automotive Group (PAG) shares being sold acquired?
The shares were acquired as restricted stock vesting under a registered plan from the issuer in exchange for services rendered on 06/01/2024 (1,337 shares) and 06/01/2025 (763 shares).
Which broker is handling the sale of Penske Automotive Group (PAG) shares?
The Rule 144 sale is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY.
What type of securities are covered in this Penske Automotive Group (PAG) Form 144?
The notice covers common stock of Penske Automotive Group to be sold under Rule 144.