PACCAR (PCAR) EVP reports dividend reinvestment and option holdings
Rhea-AI Filing Summary
PACCAR Executive Vice President Kevin D. Baney reported a small automatic acquisition of PACCAR common stock through the company’s savings plan. On January 7, 2026, 69.829 shares of common stock were acquired at $115.30 per share, described as a dividend on PACCAR Savings Investment Plan (SIP) shares reinvested under the SIP, and are held indirectly through the SIP. Following this transaction, 5,889.207 shares are held in the SIP and 12,592 shares are held directly.
The filing also lists existing equity awards. Baney holds multiple PACCAR stock options directly, with exercise prices ranging from $50.7867 to $109.13 and underlying share amounts of 9,672, 11,118, 11,547, 10,806, 12,742, and 23,502 shares, with exercisable dates from January 1, 2023 through January 1, 2028 and expirations between 2030 and 2035. In addition, 3,299 stock units under the Long Term Incentive Plan are reported, which are convertible into common stock on a one-for-one basis once vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 69.829 | $115.30 | $8K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP. Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d). Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
FAQ
What insider transaction did PACCAR (PCAR) report for Executive Vice President Kevin Baney?
The filing reports that Executive Vice President Kevin D. Baney acquired 69.829 shares of PACCAR common stock on January 7, 2026. The shares were acquired at $115.30 per share and are described as a dividend on PACCAR Savings Investment Plan (SIP) shares that was reinvested under the SIP.
What does the Form 4 say about Kevin Baneys stock options in PACCAR (PCAR)?
The Form 4 lists several directly held stock options on PACCAR common stock. These options have exercise prices of $50.7867, $61.26, $62.8667, $71.95, $104.16, and $109.13, covering 9,672, 11,118, 11,547, 10,806, 12,742, and 23,502 underlying shares, respectively, with exercisable dates starting between January 1, 2023 and January 1, 2028 and expirations between 2030 and 2035.
What long-term incentive stock units does Kevin Baney hold according to the PACCAR Form 4?
The Form 4 reports that Kevin Baney holds 3,299 stock units under the Long Term Incentive Plan (LTIP). According to the footnote, these are restricted stock units in a deferred phantom stock account that are convertible to common stock on a one-for-one basis after all applicable vesting conditions are satisfied.
How is the PACCAR Savings Investment Plan (SIP) transaction described in the Form 4 footnotes?
The footnotes explain that the 69.829-share acquisition reflects a dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to the SIP. Another footnote notes that the SIP balance includes shares awarded as a company match in transactions that qualify as exempt under Rule 16b-3(c) and Rule 16b-3(d).
Is the reported PACCAR Form 4 transaction an open-market trade by Kevin Baney?
The transaction is coded as J and the footnote describes it as a dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP, indicating it is a plan-based dividend reinvestment rather than a discretionary open-market purchase or sale.