Welcome to our dedicated page for Penske Automotv SEC filings (Ticker: PAG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Penske Automotive Group, Inc. (NYSE: PAG) files periodic and current reports with the U.S. Securities and Exchange Commission that provide detailed information on its financial condition, operations, and material events. As a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, Penske Automotive uses SEC filings to report results from its retail automotive dealerships, retail commercial truck dealerships, distribution activities, and its 28.9% ownership interest in Penske Transportation Solutions.
On this page, investors can review Forms 8-K that Penske Automotive files to disclose significant developments. Recent examples include current reports furnishing quarterly financial results press releases and describing material transactions, such as the acquisition of Longo Toyota, Longo Lexus, Lexus of Stevens Creek, and Longo Toyota of Prosper through a membership interests purchase agreement. Related party disclosures and governance arrangements, including stockholders agreements, voting agreements, and registration rights agreements, are also described in these filings.
In addition to current reports, Penske Automotive’s annual and quarterly reports (Forms 10-K and 10-Q, when available) provide segment information for retail automotive and retail commercial truck operations, details on its distribution of commercial vehicles, engines, and power systems, and information about its equity-method investment in Penske Transportation Solutions. These filings also include discussions of risk factors, liquidity, leverage, and capital allocation, including dividends and securities repurchase programs.
Stock Titan’s SEC filings page for PAG presents these documents alongside AI-powered summaries that help explain key points, such as the nature of reported transactions, the significance of earnings releases furnished on Form 8-K, and the implications of related party and partnership arrangements. Users can also access information on dividends declared via Form 8-K, as well as other items the company reports under SEC rules.
Pierce Sandra E. reported acquisition or exercise transactions in this Form 4 filing.
Penske Automotive Group director Sandra E. Pierce received a grant of 105 Deferred Stock Units (phantom stock) on March 5, 2026 as a stock-based award. Each unit is described as convertible on a one-for-one basis into company stock.
These deferred stock units become exercisable when Pierce separates from service on the company’s Board of Directors, so they function as long-term compensation rather than an immediate share issuance. After this grant, she holds a total of 11,919 deferred stock units directly.
SCOTT RAYMOND E reported acquisition or exercise transactions in this Form 4 filing.
Penske Automotive Group director Scott Raymond E received a grant of deferred stock units, described as phantom stock. The award covers 13 deferred stock units, bringing his total direct holdings of these units to 1,501.
Each unit is stated as "one for one" with the company’s stock and is exercisable beginning when he separates from service on the company’s Board of Directors. The price per unit is reported as zero, with a note that price is not relevant to this type of transaction.
Penske Automotive Group director Kimberly J. McWaters received a grant of 534 Deferred Stock Units (phantom stock) on March 5, 2026. These units convert on a one-for-one basis into Penske Automotive Group stock and are exercisable when she separates from service from the company’s Board of Directors. Following this award, she holds a total of 60,621 Deferred Stock Units directly.
Penske Automotive Group director Lisa Ann Davis reported receiving a grant of 223 Deferred Stock Units (phantom stock) on March 5, 2026. The award was recorded at a price of $0.00 per unit as a grant or other acquisition rather than a market purchase.
Each unit is described as "one for one" with the company’s common stock and becomes exercisable when she separates from service on the Board of Directors. Following this grant, Davis is shown as directly holding 25,336 deferred stock units tied to Penske Automotive Group.
Duerheimer Wolfgang reported acquisition or exercise transactions in this Form 4 filing.
Penske Automotive Group director Wolfgang Duerheimer received a grant of 208 Deferred Stock Units (phantom stock). These units were awarded on March 5, 2026 at a price that is stated as not relevant to the transaction.
Each unit represents one share of Penske Automotive Group common stock on a one-for-one basis. The units become exercisable when Duerheimer separates from service on the company’s Board of Directors. After this grant, he directly holds a total of 23,633 Deferred Stock Units.
Penske Automotive Group, Inc. is a diversified transportation services company that generated $31.8 billion of revenue and $5.2 billion of gross profit in 2025, mainly from retail automotive dealerships, retail commercial truck operations, and commercial vehicle distribution.
Retail automotive contributed about 86.4% of 2025 revenue, with strong service and parts profitability, and operations spanning the U.S., U.K., Europe, Japan, Canada, Australia, and New Zealand. The company operated 365 franchised automotive dealerships and 15 used-vehicle stores as of December 31, 2025.
Penske also owns 28.9% of Penske Transportation Solutions, recording $192.8 million of equity earnings and receiving $98.7 million of cash distributions in 2025. Management highlights diversification across business lines and geographies, but notes risks from tariffs, EV and emissions rules, freight market weakness, and evolving U.K. finance regulations.
Denker Claude H III reported acquisition or exercise transactions in this Form 4 filing.
Penske Automotive Group executive Claude H. Denker III received a stock award of 4,994 shares of common stock. The grant was reported as a non-cash award with a price per share of $0.0000, increasing his directly owned holdings to 33,667 shares.
The award vests over time: fifteen percent of the shares vest on June 1, 2027, another fifteen percent on June 1, 2028, twenty percent on June 1, 2029, and the remaining fifty percent on June 1, 2030. This structure ties a portion of his compensation to the company’s long-term performance and continued service.
Hulgrave Michelle reported acquisition or exercise transactions in this Form 4 filing.
Penske Automotive Group executive vice president and chief financial officer Michelle Hulgrave received a grant of 4,994 shares of common stock. This award was reported at a price of zero, reflecting a stock grant rather than an open-market purchase.
Following this grant, Hulgrave directly holds 21,816 common shares. The grant vests over time: 15% on June 1, 2027, another 15% on June 1, 2028, 20% on June 1, 2029, and the remaining 50% on June 1, 2030.
Spradlin Shane M. reported acquisition or exercise transactions in this Form 4 filing.
Penske Automotive Group executive Shane M. Spradlin, EVP, General Counsel & Secretary, received a grant of 4,994 shares of common stock with no cash price. The award vests in stages: 15% on June 1, 2027, 15% on June 1, 2028, 20% on June 1, 2029, and 50% on June 1, 2030. After this grant, he holds 38,146 common shares directly.
KURNICK ROBERT H JR reported acquisition or exercise transactions in this Form 4 filing.
Penske Automotive Group president Robert H. Kurnick Jr. reported an equity award of 9,987 shares of common stock on February 25, 2026. After this grant, his directly held stake increased to 39,067 shares of Penske Automotive Group common stock.
The award vests over time: fifteen percent of the shares vest on June 1, 2027, another fifteen percent on June 1, 2028, twenty percent on June 1, 2029, and the remaining fifty percent on June 1, 2030. The filing notes that price is not relevant to this transaction. He also reports indirect ownership of 40,584 shares held by a trust.