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PACCAR (PCAR) EVP C. Michael Dozier receives new options and RSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR Inc executive vice president C. Michael Dozier reported new equity awards and updated holdings. On February 6, 2026, he received a stock option for 24,782 shares of common stock at an exercise price of $127.35 under the PACCAR Long Term Incentive Plan.

He also acquired 7,174 stock units under the long-term incentive plan, which are convertible into common stock on a one-for-one basis after vesting. Each restricted stock unit award vests in four equal installments starting on March 1 following the award and on January 1 of the next three years.

After these transactions, Dozier held 34,656 shares of common stock directly and 20,172.896 shares indirectly through the PACCAR Savings Investment Plan, as well as previously granted stock options covering additional shares.

Positive

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Insider DOZIER C MICHAEL
Role EXECUTIVE VICE PRESIDENT
Type Security Shares Price Value
Grant/Award Stock Option 24,782 $0.00 --
Grant/Award Stock Units (LTIP) 7,174 $127.35 $914K
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Option — 24,782 shares (Direct); Stock Units (LTIP) — 12,928 shares (Direct); Common Stock — 34,656 shares (Direct); Common Stock — 20,172.896 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (1)
  1. Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP). 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. Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
DOZIER C MICHAEL

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EXECUTIVE VICE PRESIDENT
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 34,656 D
Common Stock 20,172.896 I By PACCAR Savings Investment Plan (SIP)
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 Option $127.35 02/06/2026 A(1) 24,782 01/01/2029 02/06/2036 Common Stock 24,782 (1) 24,782 D
Stock Units (LTIP) (2) 02/06/2026 A(3) 7,174 (2) (2) Common Stock 7,174 $127.35 12,928 D
Stock Option $104.16 01/01/2027 02/05/2034 Common Stock 28,610 28,610 D
Stock Option $109.13 01/01/2028 02/03/2035 Common Stock 25,460 25,460 D
Explanation of Responses:
1. Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
2. 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.
3. Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years.
Michael R. Beers, by Power of Attorney 02/06/2026
** 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 equity awards did PACCAR (PCAR) executive C. Michael Dozier receive on February 6, 2026?

On February 6, 2026, C. Michael Dozier received a stock option for 24,782 PACCAR common shares at an exercise price of $127.35 and 7,174 stock units under the Long Term Incentive Plan, both tied to future vesting conditions.

How do C. Michael Dozier’s PACCAR (PCAR) restricted stock units vest?

Dozier’s restricted stock units under PACCAR’s Long Term Incentive Plan vest in four equal installments. Vesting begins on March 1 following the award date and continues on January 1 of each of the next three years, then convert one-for-one into common shares.

How many PACCAR (PCAR) common shares does C. Michael Dozier hold after this Form 4?

After the reported transactions, Dozier directly owns 34,656 PACCAR common shares. He also has an indirect position of 20,172.896 common shares held through the PACCAR Savings Investment Plan, in addition to multiple outstanding stock option and stock unit awards.

What stock options does C. Michael Dozier hold in PACCAR (PCAR) after the February 2026 filing?

Following the February 6, 2026 filing, Dozier holds a new 24,782-share stock option at $127.35, plus existing stock options covering 28,610 shares at $104.16 and 25,460 shares at $109.13, each with stated exercisable and expiration dates under the incentive plan.

What is the nature of C. Michael Dozier’s indirect PACCAR (PCAR) stock ownership?

Dozier’s indirect ownership consists of 20,172.896 PACCAR common shares held through the PACCAR Savings Investment Plan (SIP). This plan-based holding is reported separately from his directly owned 34,656 common shares and his various stock option and stock unit awards.

Under which plan were C. Michael Dozier’s new PACCAR (PCAR) awards granted?

Both the 24,782-share stock option and 7,174 stock units granted to Dozier on February 6, 2026 were awarded under the PACCAR Long Term Incentive Plan, which provides stock options and restricted stock units subject to vesting before conversion to common stock.