Penske Automotive Group Files 2025 Proxy Statement
Ticker: PAG · Form: DEF 14A · Filed: Mar 20, 2025 · CIK: 1019849
| Field | Detail |
|---|---|
| Company | Penske Automotive Group, Inc. (PAG) |
| Form Type | DEF 14A |
| Filed Date | Mar 20, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, annual-meeting, corporate-governance
Related Tickers: PAG
TL;DR
Penske Auto (PAG) filed its proxy statement for the May 14 meeting - shareholders vote on directors & pay.
AI Summary
Penske Automotive Group, Inc. filed its definitive proxy statement (DEF 14A) on March 20, 2025, for its annual meeting on May 14, 2025. The filing concerns the solicitation of proxies from shareholders regarding matters to be voted on at the meeting. The company is headquartered in Bloomfield Hills, Michigan, and operates in the auto dealership and gasoline stations sector.
Why It Matters
This filing is crucial for shareholders as it outlines the proposals to be voted on at the annual meeting, including director elections and executive compensation, directly impacting corporate governance and shareholder rights.
Risk Assessment
Risk Level: low — A DEF 14A filing is a routine disclosure document for public companies and does not inherently present new financial risks.
Key Numbers
- 20250320 — Filing Date (The date the definitive proxy statement was filed with the SEC.)
- 20250514 — Annual Meeting Date (The date of the shareholder meeting for which proxies are being solicited.)
Key Players & Entities
- PENSKE AUTOMOTIVE GROUP, INC. (company) — Registrant
- 2555 TELEGRAPH RD (address) — Business and Mail Address
- BLOOMFIELD HILLS (city) — Business and Mail City
- MI (state) — Business and Mail State
- 48302-0954 (zip_code) — Business and Mail Zip Code
- 248-648-2500 (phone_number) — Business Phone
- UNITED AUTO GROUP INC (company) — Former Company Name
- 19960726 (date) — Date of Name Change
- 20250320 (date) — Filing Date
- 20250514 (date) — Conformed Period of Report / Annual Meeting Date
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose is to solicit proxies from shareholders for the annual meeting scheduled for May 14, 2025, and to provide information on matters to be voted upon.
When was this definitive proxy statement filed?
This definitive proxy statement was filed on March 20, 2025.
What is the company's primary business sector?
The company is in the RETAIL-AUTO DEALERS & GASOLINE STATIONS sector, SIC code 5500.
What was the company's former name?
The company's former name was UNITED AUTO GROUP INC, with a name change date of July 26, 1996.
Where is Penske Automotive Group, Inc. headquartered?
The company is headquartered at 2555 Telegraph Rd, Bloomfield Hills, MI 48302-0954.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 20, 2025 regarding PENSKE AUTOMOTIVE GROUP, INC. (PAG).