Denker Claude H III 4/A

What Happened

• Claude H. Denker III, EVP — Human Resources at Penske Automotive Group (PAG), received a grant/award of 4,992 shares on February 25, 2026. The transaction is reported as an award/grant (code A) and no purchase price is applicable to this transaction.

Key Details

• Transaction date: 2026-02-25; Form 4 originally filed 2026-02-27 and amended 2026-03-12 to correct a tabulation error — no additional transaction occurred.
• Shares granted: 4,992 restricted shares. Price: not applicable (footnote: price not relevant).
• Vesting schedule (footnote): 15% vests June 1, 2027; 15% vests June 1, 2028; 20% vests June 1, 2029; 50% vests June 1, 2030.
• Shares owned after transaction: the filing states the reporting person’s beneficial ownership was updated; the aggregate post-transaction total is provided in the Form 4 filing itself.

Context

• This was a compensation award (restricted/share grant), not an open-market purchase or sale. Such awards typically vest over time and do not necessarily indicate immediate buying or selling intent. The amended Form 4 corrects the original filing’s tabulation error; the original filing appears to have been filed on time and the amendment does not reflect a new trade.