PACCAR director adds stock units via RSDCP dividend

PACCAR Inc director Mark A. Schulz reported an administrative update to his equity holdings.

Rhea-AI Filing Summary

PACCAR Inc director Mark A. Schulz reported an administrative update to his equity holdings. A dividend on his existing restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) was reinvested into 89.2225 additional stock units, valued at $124.92 per unit, bringing his RSDCP balance to 33,863.9854 units. He also reported direct ownership of 16,718 shares of PACCAR common stock following these transactions.

Insider Trade Summary

Other: 89.2225 shares

Other 2 txns

Insider SCHULZ MARK A

Role Director

Type	Security	Shares	Price	Value
Other	Stock Units (RSDCP)	89.2225	$124.92	$11K
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Units (RSDCP) — 33,863.9854 contracts (Direct); Common Stock — 16,718 shares (Direct)

Footnotes (2)

1. F1. 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. F2. 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 activity did PACCAR (PCAR) director Mark A. Schulz report?

Mark A. Schulz reported a dividend reinvestment into 89.2225 restricted stock units under PACCAR’s RSDCP plan. This increased his deferred stock unit holdings to 33,863.9854 units and confirmed direct ownership of 16,718 PACCAR common shares after the reported activity.

How many PACCAR restricted stock units does Mark A. Schulz now hold?

After the reported dividend reinvestment, Mark A. Schulz holds 33,863.9854 restricted stock units in PACCAR’s RSDCP. These units are convertible into PACCAR common stock on a one-for-one basis once all applicable vesting conditions are satisfied under the plan’s terms.

What is the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP)?

The PACCAR RSDCP is a restricted stock and deferred compensation plan for non-employee directors. It uses restricted stock units in a deferred phantom stock account that convert into PACCAR common stock on a one-for-one basis once all required vesting conditions are met for participants.

What was the nature of the Form 4 transaction reported by PACCAR’s director?

The Form 4 shows an “other” type transaction, where a dividend on existing restricted stock units was reinvested into 89.2225 additional units. This is not classified as a traditional open-market buy or sell but as an administrative equity adjustment under the RSDCP.

At what price were the new PACCAR restricted stock units credited to Mark A. Schulz?

The dividend reinvestment credited 89.2225 restricted stock units to Mark A. Schulz at $124.92 per unit. This valuation is used to calculate the number of additional units received from the dividend under PACCAR’s Restricted Stock and Deferred Compensation Plan.

How many PACCAR common shares does Mark A. Schulz directly own after this filing?

Following the reported activity, Mark A. Schulz directly owns 16,718 shares of PACCAR common stock. This figure is disclosed as his total direct common share holdings after the transactions summarized in the Form 4 insider filing for the reported date.

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Accepted by SEC EDGAR 03/04/2026 - 06:51 PM EST Learn about SEC filing dates

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^*

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)
03/04/2026

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)	03/04/2026		J(2)		89.2225		(1)	(1)	Common Stock	89.2225	$124.92	33,863.9854	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	03/04/2026
	** 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.
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