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PACCAR (PCAR) CEO gifts shares and receives large new equity grants

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

Rhea-AI Filing Summary

PACCAR Inc chief executive Preston R. Feight reported a mix of charitable giving and new equity awards. On February 9, 2026, he transferred 15,625 shares of common stock in a code G transaction described as a transfer to a donor-advised fund, leaving 242,941 shares held directly and 17,481 shares held indirectly through the PACCAR Savings Investment Plan.

On February 6, 2026, he was granted a stock option for 89,994 shares at an exercise price of $127.35 under the PACCAR Long Term Incentive Plan, and 40,498 restricted stock units that convert one-for-one into common stock upon vesting. The restricted stock units vest in four equal installments beginning March 1 following the award and on January 1 in each of the next three years.

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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*
FEIGHT R PRESTON

(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
X Officer (give title below) Other (specify below)
CHIEF EXECUTIVE OFFICER
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 02/09/2026 G 15,625 D $0(1) 242,941 D
Common Stock 17,481 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(2) 89,994 01/01/2029 02/06/2036 Common Stock 89,994 (2) 89,994 D
Stock Units (LTIP) (3) 02/06/2026 A(4) 40,498 (3) (3) Common Stock 40,498 $127.35 70,683 D
Stock Option $71.95 01/01/2026 02/08/2033 Common Stock 141,038 141,038 D
Stock Option $104.16 01/01/2027 02/05/2034 Common Stock 104,244 104,244 D
Stock Option $109.13 01/01/2028 02/03/2035 Common Stock 92,768 92,768 D
Explanation of Responses:
1. Transfer to donor-advised fund.
2. Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
3. 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.
4. 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 02/10/2026
** 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 transactions did PACCAR (PCAR) CEO Preston Feight report?

Preston R. Feight reported a charitable transfer of 15,625 PACCAR common shares to a donor-advised fund and new equity awards. He also disclosed updated holdings in stock options and restricted stock units under the company’s Long Term Incentive Plan.

How many PACCAR shares did the CEO transfer to a donor-advised fund?

The CEO transferred 15,625 shares of PACCAR common stock in a transaction coded “G,” described as a transfer to a donor-advised fund. After this gift, he directly held 242,941 common shares, with additional shares held through a company savings investment plan.

What new stock options did the PACCAR CEO receive in this Form 4?

Preston R. Feight received a new stock option for 89,994 PACCAR shares at an exercise price of $127.35 per share. The option, granted under the Long Term Incentive Plan, is exercisable from January 1, 2029 and expires on February 6, 2036.

What restricted stock units (RSUs) were granted to PACCAR’s CEO?

He was granted 40,498 restricted stock units under the Long Term Incentive Plan. Each unit converts into one PACCAR common share upon vesting. The award vests in four equal installments: March 1 following the grant date and January 1 of the next three years.

What equity awards and holdings does the PACCAR CEO now report under the LTIP?

The filing shows a newly granted option for 89,994 shares at $127.35, plus existing options for 141,038, 104,244, and 92,768 shares at earlier strike prices. It also lists 70,683 stock units outstanding under the Long Term Incentive Plan.

How many PACCAR shares does the CEO hold through the Savings Investment Plan (SIP)?

The CEO holds 17,481 PACCAR common shares indirectly through the PACCAR Savings Investment Plan (SIP). These plan-held shares are reported separately from his 242,941 common shares held directly, providing investors with a clearer picture of his total beneficial ownership structure.
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66.76B
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Farm & Heavy Construction Machinery
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United States
BELLEVUE