{"schema_version":"secwatch.filing_event.v1","accession":"0001019849-24-000062","form_type":"8-K","ticker":"PAG","cik":"0001019849","company_name":"PENSKE AUTOMOTIVE GROUP, INC.","filed_at":"2024-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.909435+00:00","generated_at":"2026-06-02T03:10:59.475096+00:00","sec_items":["5.07","8.01","9.01"],"event_type":"dividend","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Penske Automotive increases quarterly dividend 10% to $0.96 per share","bullets":["Quarterly dividend raised 10% to $0.96 per share from $0.87 (implied).","Payable June 4, 2024 to shareholders of record as of May 20, 2024.","President Robert Kurnick Jr. cites strong balance sheet and cash flow.","All 13 director nominees elected, Deloitte ratified, say-on-pay passed."],"urls":{"canonical":"https://secwatch.observer/filing/0001019849-24-000062","json":"https://secwatch.observer/filing/0001019849-24-000062.json","markdown":"https://secwatch.observer/filing/0001019849-24-000062.md","text":"https://secwatch.observer/filing/0001019849-24-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019849/000101984924000062/0001019849-24-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019849/000101984924000062/pag-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:10:59.475096+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1ebeacd9a0f0f549644541edfd10f7e338f10761","claim":"PENSKE AUTOMOTIVE GROUP, INC. shareholders approved Election of thirteen director nominees named in the proxy statement. at the 2024-05-09 meeting.","evidence_excerpt":"The 2024 Annual Meeting of Stockholders of Penske Automotive Group, Inc. (the “Company”) was held on May 9, 2024. At the Annual Meeting, all proposals were approved in accordance with the stockholder voting results noted below. Proposal 1 The thirteen director nominees named in our proxy statement were elected, each for a term expiring at the next Annual Meeting of Stockholders or until their successors are duly elected and qualified or until their earlier resignation or removal: NOMINEE FOR WITHHELD NON-VOTES John Barr 58,228,222 4,806,276 2,283,732 Lisa Davis 62,422,135 612,363 2,283,732 Wolfgang Dürheimer 62,878,730 155,768 2,283,732 Michael Eisenson 62,106,085 928,413 2,283,732 Robert Kurnick, Jr. 61,772,222 1,262,276 2,283,732 Kimberly McWaters 56,799,589 6,234,909 2,283,732 Kota Odagiri 62,256,032 778,466 2,283,732 Greg Penske 61,930,339 1,104,159 2,283,732 Roger Penske 62,473,946 560,552 2,283,732 Sandra Pierce 62,434,057 600,441 2,283,732 Greg Smith 56,462,247 6,572,251 2,283,7","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1019849/000101984924000062/0001019849-24-000062-index.htm","confidence":0.98,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-09"}]},{"claim_id":"c58b951e1a108e9a9ca6892d466a0a8e9143f7cd","claim":"PENSKE AUTOMOTIVE GROUP, INC. shareholders approved Ratify the selection of Deloitte & Touche LLP as our independent registered public accounting firm for 2024. at the 2024-05-09 meeting.","evidence_excerpt":"Proposal 2 The proposal to ratify the selection of Deloitte & Touche LLP as our independent registered public accounting firm for 2024: FOR AGAINST ABSTAIN 65,074,610 224,284 19,336","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1019849/000101984924000062/0001019849-24-000062-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-09"}]},{"claim_id":"cba27128437e6c0e7a67bc3a49c3072519fc5059","claim":"PENSKE AUTOMOTIVE GROUP, INC. shareholders approved Approve, on an advisory basis, our named executive officer compensation. at the 2024-05-09 meeting.","evidence_excerpt":"Proposal 3 The proposal to approve, on an advisory basis, our named executive officer compensation: FOR AGAINST ABSTAIN BROKER NON-VOTES 62,053,780 957,049 23,669 2,283,732","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1019849/000101984924000062/0001019849-24-000062-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-09"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}