PACCAR (PCAR) director Schulz adds stock units via dividend reinvestment

Rhea-AI Filing Summary

PACCAR Inc director Mark A. Schulz reported a routine update to his equity holdings. On January 7, 2026, a dividend on his restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors was reinvested into 405.1814 additional stock units, recorded as a transaction coded "J". These stock units are held in a deferred phantom stock account and are convertible into PACCAR common stock on a 1-for-1 basis once all vesting conditions are met, bringing his total deferred stock units to 33,774.7629. Separately, he also beneficially owns 16,718 shares of PACCAR common stock directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SCHULZ MARK A

(Last) (First) (Middle)

777 - 106TH AVE. N.E.

(Street)

BELLEVUE WA 98004

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								16,718	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units (RSDCP)	(1)	01/07/2026		J(2)		405.1814		(1)	(1)	Common Stock	405.1814	$115.3	33,774.7629	D

Explanation of Responses:

1. 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.

2. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.

	Michael R. Beers, by Power of Attorney	01/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PACCAR (PCAR) report for Mark A. Schulz?

The filing shows that on January 7, 2026, director Mark A. Schulz had a dividend on his restricted stock units reinvested into 405.1814 additional stock units under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors.

How many PACCAR stock units does Mark A. Schulz hold after this Form 4?

After the reported dividend reinvestment, Mark A. Schulz beneficially holds 33,774.7629 stock units in a deferred phantom stock account under the PACCAR Restricted Stock and Deferred Compensation Plan.

What do the PACCAR stock units (RSDCP) represent for Mark A. Schulz?

The stock units are restricted stock units in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan and are convertible into PACCAR common stock on a 1-for-1 basis once all vesting conditions are satisfied.

What does transaction code "J" mean in this PACCAR Form 4?

In this filing, transaction code "J" is used for a dividend on restricted stock units that was reinvested into additional restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan.

How many PACCAR common shares does director Mark A. Schulz own directly?

The Form 4 reports that Mark A. Schulz directly owns 16,718 shares of PACCAR common stock following the reported transactions.

Is this PACCAR Form 4 transaction a stock sale by Mark A. Schulz?

No. The reported activity reflects a dividend on restricted stock units reinvested into additional stock units under the director deferred compensation plan, not an open-market purchase or sale of PACCAR common stock.