PACCAR director reports stock unit adjustments
PACCAR INC director Luiz Antonio Dos Santos Pretti reported other transactions involving deferred stock units.
Rhea-AI Filing Summary
PACCAR INC director Luiz Antonio Dos Santos Pretti reported other transactions involving deferred stock units. On stock units tied to PACCAR shares, 3.5987 units at $124.9200 per unit were credited, bringing that account to 1,365.8654 units. A separate PACCAR Restricted Stock and Deferred Compensation Plan account received 11.1429 stock units at $124.9200 per unit, increasing that balance to 4,229.2487 units.
Footnotes explain these are phantom and restricted stock units under a non‑employee director deferred compensation plan, with dividends on existing units reinvested into additional units and all units ultimately convertible into PACCAR common stock on a 1‑for‑1 basis, subject to plan conditions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 3.5987 | $124.92 | $449.55 |
| Other | Stock Units (RSDCP) | 11.1429 | $124.92 | $1K |
Footnotes (4)
- F1. Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon termination of the Reporting Person's status as a non-employee director.
- F2. Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) reinvested in additional stock units pursuant to RSDCP.
- F3. Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon satisfaction of all applicable vesting conditions.
- F4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
FAQ
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What insider transactions did PACCAR (PCAR) report for director Luiz Antonio Dos Santos Pretti?
How many PACCAR stock units were affected in the latest Form 4 for PCAR?
What is the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) mentioned in the PCAR Form 4?
Did the PACCAR director buy or sell PCAR common stock in this Form 4 filing?
How many PACCAR stock units does the director hold after these transactions?
What does the 1-for-1 conversion feature mean for PACCAR stock units in this Form 4?
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