Director at Penske Automotive (PAG) sells 1,488 shares, exits holding

Rhea-AI Filing Summary

Penske Automotive Group director Greg C. Smith sold shares in an open-market transaction. On May 18, 2026, he sold 1,488 shares of common stock at a weighted average price of $160.0205 per share.

The sale was executed in multiple trades between $160.02 and $160.29 per share, and left him with 0 directly owned shares reported after the transaction.

Insider Trade Summary

Net Seller: 1,488 shares ($238,111)

Net Sell 1 txn

Insider SMITH GREG C

Role null

Sold 1,488 shs ($238K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,488	$160.0205	$238K

Holdings After Transaction: Common Stock — 0 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 1,488 shares Weighted average sale price: $160.0205 per share Post-transaction holdings: 0 shares +1 more

4 metrics

Shares sold 1,488 shares Open-market sale of common stock on May 18, 2026

Weighted average sale price $160.0205 per share Open-market sale on May 18, 2026

Post-transaction holdings 0 shares Directly owned common stock after reported sale

Trade price range $160.02–$160.29 per share Multiple trades comprising the reported sale

Key Terms

open-market sale, weighted average sale price, Form 4

3 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH GREG C

(Last) (First) (Middle)

2555 TELEGRAPH RD

(Street)

BLOOMFIELD HILLS MICHIGAN 48302

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PENSKE AUTOMOTIVE GROUP, INC. [ PAG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/18/2026		S		1,488	D	$160.0205(1)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction was executed in multiple trade prices ranging from $160.02 to $160.29. 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.

Remarks:

	/s/ Shane M. Spradlin, by power of attorney	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PAG director Greg C. Smith report?

Greg C. Smith reported an open-market sale of Penske Automotive (PAG) shares. He sold 1,488 shares of common stock on May 18, 2026, in a single reported transaction and had 0 directly owned shares remaining afterward.

How many PAG shares did Greg C. Smith sell and at what price?

He sold 1,488 PAG common shares at a weighted average price of $160.0205. The sale was executed in multiple trades, with individual prices ranging from $160.02 to $160.29 per share, all treated as one open-market transaction.

What type of transaction did Greg C. Smith execute in PAG stock?

He executed an open-market sale of PAG common stock. The Form 4 classifies the transaction under code “S,” meaning a sale in the open market or a private transaction, with 1,488 shares sold on May 18, 2026.

What were Greg C. Smith’s PAG holdings after this Form 4 transaction?

The filing shows 0 directly owned PAG shares after the sale. Following the 1,488-share open-market sale, the total number of common shares reported as directly owned by Greg C. Smith was reduced to zero in this Form 4.

Did the PAG Form 4 footnote disclose any pricing details?

Yes, the footnote disclosed the trade price range for the sale. It states the 1,488 shares were sold in multiple trades between $160.02 and $160.29, with $160.0205 per share reported as the weighted average sale price.