Hulgrave Michelle 4/A
Research Summary
AI-generated summary
Penske Automotive (PAG) CFO Michelle Hulgrave Receives Award
What Happened
- Michelle Hulgrave, Executive Vice President and Chief Financial Officer of Penske Automotive Group (PAG), was awarded 4,992 shares (transaction code A) on February 25, 2026. No purchase price is reported for this award (price not relevant). This is a compensation grant (an award), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-25 (original Form 4 filed Feb 27, 2026; this filing is an amendment filed Mar 12, 2026).
- Shares granted: 4,992 shares; price: N/A (footnote F2: price not relevant).
- Vesting schedule (footnote F1): 15% vest on June 1, 2027; 15% on June 1, 2028; 20% on June 1, 2029; 50% on June 1, 2030.
- Amendment note: This is an amended Form 4 correcting a tabulation error in the original filing; the reporting person’s beneficial ownership was updated accordingly and no additional transaction occurred.
- Shares owned after transaction: not specified in the summary provided.
Context
- This award is a compensation grant (likely restricted shares or RSUs) that vests over multiple years; such grants are standard executive compensation and do not by themselves signal a buy/sell decision.
- The amendment corrects reporting data; there is no indication the original filing was late for the transaction reporting window.