Penske Automotive Group Files 8-K

Ticker: PAG · Form: 8-K · Filed: 2025-05-16T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, shareholder-vote, corporate-action

TL;DR

Penske Automotive Group filed an 8-K on May 14th, reporting material agreements and shareholder votes.

AI Summary

Penske Automotive Group, Inc. filed an 8-K on May 16, 2025, reporting on events that occurred on May 14, 2025. The filing indicates an entry into a material definitive agreement, submission of matters to a vote of security holders, and other events, along with financial statements and exhibits.

Why It Matters

This 8-K filing signals significant corporate actions by Penske Automotive Group, including potential new agreements and shareholder votes, which could impact the company's future operations and stock performance.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and matters submitted to a vote, which could represent significant changes or risks for the company.

Key Players & Entities

FAQ

What specific material definitive agreement did Penske Automotive Group enter into?

The filing indicates an entry into a material definitive agreement, but the specific details of the agreement are not provided in this summary section of the 8-K.

What matters were submitted to a vote of security holders?

The filing states that matters were submitted to a vote of security holders, but the nature of these matters is not detailed in the provided text.

What are the 'Other Events' mentioned in the filing?

The filing lists 'Other Events' as a category, but the specific events are not elaborated upon in this section.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on May 14, 2025.

What is the primary business of Penske Automotive Group, Inc. according to the filing?

Penske Automotive Group, Inc. is classified under the Standard Industrial Classification as RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500].

From the Filing

0001019849-25-000059.txt : 20250516 0001019849-25-000059.hdr.sgml : 20250516 20250516161528 ACCESSION NUMBER: 0001019849-25-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250514 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250516 DATE AS OF CHANGE: 20250516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PENSKE AUTOMOTIVE GROUP, INC. CENTRAL INDEX KEY: 0001019849 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services EIN: 223086739 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12297 FILM NUMBER: 25959448 BUSINESS ADDRESS: STREET 1: 2555 TELEGRAPH RD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48302-0954 BUSINESS PHONE: 248-648-2500 MAIL ADDRESS: STREET 1: 2555 TELEGRAPH RD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48302-0954 FORMER COMPANY: FORMER CONFORMED NAME: UNITED AUTO GROUP INC DATE OF NAME CHANGE: 19960726 8-K 1 pag-20250514.htm 8-K pag-20250514 0001019849 FALSE 0001019849 2025-05-14 2025-05-14 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 14, 2025 Penske Automotive Group, Inc. (Exact name of registrant as specified in its charter) Delaware      1-12297      22-3086739 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 2555 Telegraph Road ,   Bloomfield Hills , Michigan 48302 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: 248 - 648-2500 Not Applicable Former name or former address, if changed since last report Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Voting Common Stock, par value $0.0001 per share PAG New York Stock Exchange Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act . ☐ Item 1.01 Entry into a Material Definitive Agreement. On May 14, 2025, Penske Automotive Group, Inc. (“we” or “the Company”) entered into an Amended and Restated Services Agreement with Mitsui & Co (U.S.A.), Inc. (“Mitsui USA”) under which Mitsui USA employee Yosuke Kawakami, our newly elected member of the Board of Directors, assists us in the strategic development of business opportunities and relationships in transportation related industries and the evaluation of new techn

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