$PAG·8-K

PENSKE AUTOMOTIVE GROUP, INC. · May 14, 4:55 PM ET

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PENSKE AUTOMOTIVE GROUP, INC. 8-K

Research Summary

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Penske Automotive Group Reports 2026 Annual Meeting Results; $1.42 Dividend

What Happened Penske Automotive Group, Inc. filed an 8-K on May 14, 2026 reporting the results of its May 13, 2026 Annual Meeting and announcing that the Board declared a quarterly dividend of $1.42 per share. All twelve director nominees were elected, the selection of Deloitte & Touche LLP as independent auditor for 2026 was ratified, and the company’s advisory vote on named executive officer compensation was approved. The dividend is payable June 3, 2026 to shareholders of record as of May 26, 2026. A press release announcing the dividend was attached as Exhibit 99.1.

Key Details

  • All 12 director nominees were elected at the May 13, 2026 meeting; broker non-votes totaled 1,958,850. Example vote: Brian Thompson — FOR 60,184,271; WITHHELD 1,758,688.
  • Auditor ratification (Proposal 2): FOR 63,646,340; AGAINST 192,700; ABSTAIN 62,769.
  • Advisory vote on executive compensation (Proposal 3): FOR 61,305,917; AGAINST 569,731; ABSTAIN 67,311; broker non-votes 1,958,850.
  • Quarterly dividend: $1.42 per share, payable June 3, 2026; record date May 26, 2026.

Why It Matters These items confirm board continuity and governance outcomes investors track (director elections, auditor ratification, and a favorable say-on-pay vote) and provide a concrete cash return via the declared quarterly dividend. The auditor ratification supports continuity in external financial oversight; the dividend payment is a near-term liquidity event investors can expect on June 3, 2026.

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