Shane M. Spradlin
Net Worth
Last updated:
What is Shane M. Spradlin net worth?
The estimated net worth of Mr. Shane M. Spradlin is at least $26,409,648 as of 5 Jun 2023. He owns shares worth $7,352,800 as insider, has earned $1,886,848 from insider trading and has received compensation worth at least $17,170,000 in Penske Automotive Group, Inc..
What is the salary of Shane M. Spradlin?
Mr. Shane M. Spradlin salary is $1,010,000 per year as Executive Vice President, Gen. Counsel & Sec. in Penske Automotive Group, Inc..
How old is Shane M. Spradlin?
Mr. Shane M. Spradlin is 55 years old, born in 1970.
What stocks does Shane M. Spradlin currently own?
As insider, Mr. Shane M. Spradlin owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Penske Automotive Group, Inc. (PAG) | Executive Vice President, Gen. Counsel & Sec. | 40,000 | $183.82 | $7,352,800 |
What does Penske Automotive Group, Inc. do?
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 320 retail automotive franchises, including 146 franchises located in the United States and 174 franchises located outside of the United States; 23 CarShop used vehicle dealerships in the United States and the United Kingdom; and 37 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, Kansas, Missouri, and Oregon, as well as Canada. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.
Shane M. Spradlin insider trading
Penske Automotive Group, Inc.
Mr. Shane M. Spradlin has made 18 insider trades between 2008-2023, according to the Form 4 filled with the SEC. Most recently he sold 3,284 units of PAG stock worth $463,766 on 5 Jun 2023.
The largest trade he's ever made was exercising 7,000 units of PAG stock on 18 May 2011. As of 5 Jun 2023 he still owns at least 40,000 units of PAG stock.
Penske Automotive Group key executives
Penske Automotive Group, Inc. executives and other stock owners filed with the SEC:
- Mr. Claude H. Denker III (66) Executive Vice President of HR
- Mr. Robert H. Kurnick Jr. (63) Pres & Director
- Mr. Roger S. Penske Sr. (88) Chairman & Chief Executive Officer
- Mr. Shane M. Spradlin (55) Executive Vice President, Gen. Counsel & Sec.