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penis swaggler 

An inexperienced person who is giving fellatio to genitalia.
Did you hear about Kim? Apparently she’s a Penis Swaggler.

swag pebis 

An elongated ball sack that swings below your penis.
The old man was shooting a swag pebis to be proud of.
swag pebis by laxgirl98 November 24, 2020

peniswag 

Its etymology is widely disputed but latest research has proven that it was first used by a certain boy in the german town "Rheine" who randomly rearranged the letters on his keyboard during a horrendously boring english lesson and here by accidentally discovered it. It is a fusion of the words "penis" and "swag."

Combined, these words have no meaning but what one might try to convey through the sentence and it's verbal delivery. It can be used as a verb, a noun, an adjective and an adverb.
Dude, that was totally Peniswag!

Here Peniswag takes the meaning of the word gnarly.

His Peniswagging days were over for good.
Here its meaning is generally undefined.

Your Peniswag is totally fucked up.
Here Peniswag could mean anything from chi to karma to health.
peniswag by Lockhart of Sharpton November 3, 2013

Peniswaggle

A word used to convey annoyance and anger.
Bob: dies in Fortnite
Bob: PENISWAGGLE
Peniswaggle by bobtheslobthebob February 24, 2021

peniswagoneer 

One who rides the peniswagon excessively.
God!, He is SUCH a peniswagoneer
peniswagoneer by t3h wagon June 28, 2010

Penissaggin 

A super sexy type of swagger
I like the penissaggin.
Penissaggin by Aggiewal March 30, 2009