PACCAR (PCAR) executive chair reports dividend reinvestment and share holdings
Rhea-AI Filing Summary
PACCAR Inc executive chairman Mark C. Pigott, who is also a director, reported an automatic reinvestment of dividends in company stock through the PACCAR Savings Investment Plan (SIP). On January 7, 2026, SIP dividends were reinvested into 2,074.245 shares of PACCAR common stock at $115.30 per share, recorded as an indirect acquisition under transaction code J. Following this reinvestment, his SIP-related indirect holdings total 174,646.84 shares of common stock. The filing also shows 5,082,345 shares of PACCAR common stock held directly and an additional 424,920 shares held indirectly through his wife and children.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 2,074.245 | $115.30 | $239K |
| holding | Common Stock | -- | -- | -- |
| 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).
FAQ
What insider transaction did PACCAR (PCAR) report for Mark C. Pigott?
The filing shows that Mark C. Pigott, PACCAR's executive chairman and a director, reported an automatic dividend reinvestment in PACCAR common stock through the PACCAR Savings Investment Plan (SIP) on January 7, 2026.
What does the Form 4 say about the PACCAR Savings Investment Plan (SIP)?
The Form 4 explains that the reported acquisition reflects a dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to the SIP and that the SIP balance includes shares awarded as a company match.
Is the PACCAR insider transaction a direct or indirect holding change?
The dividend reinvestment of 2,074.245 shares is reported as an indirect acquisition, described as held "By PACCAR Savings Investment Plan (SIP)", rather than as a direct personal account purchase.