Planned 79,076-share PACCAR (PCAR) sale valued at 10,115,311
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
PACCAR Inc has a planned sale under Rule 144 for 79,076 shares of common stock, with an aggregate market value of 10,115,311.00. The shares are to be sold through Charles Schwab & Co., Inc. on the NASDAQ, with an approximate sale date of 02/03/2026.
The shares were acquired on 02/03/2026 via an employee stock option exercise, using a broker payment for a cashless exercise. The filing notes total shares outstanding of 525,204,359 common shares.
Positive
- None.
Negative
- None.
FAQ
What does the PACCAR (PCAR) Form 144 filing disclose?
The filing discloses a planned sale of 79,076 PACCAR common shares under Rule 144, with an aggregate market value of 10,115,311.00, to be executed through Charles Schwab & Co., Inc. on the NASDAQ around 02/03/2026.
What does cashless exercise mean in this PACCAR (PCAR) transaction?
In this case, cashless exercise means the employee stock options for 79,076 shares were exercised using a broker payment. Charles Schwab sold sufficient shares to cover the exercise cost, so the holder did not pay cash directly at exercise.
Which broker and exchange are involved in the PACCAR (PCAR) Form 144 sale?
The planned sale uses Charles Schwab & Co., Inc. as broker, with an address at 3000 Schwab Way, Westlake, TX 76262. The 79,076 common shares are intended to be sold on the NASDAQ around 02/03/2026.