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PACCAR (PCAR) director updates deferred restricted stock unit holdings

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

Rhea-AI Filing Summary

PACCAR INC director Mark A. Schulz reported routine updates to his equity holdings. On June 3, 2026, dividends on his existing restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors were reinvested into 103.6229 additional stock units in a deferred phantom stock account. Following this reinvestment, he holds 33,967.6083 stock units tied to PACCAR common stock and 16,718 common shares directly, with no open-market buying or selling disclosed.

Positive

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Negative

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Insider SCHULZ MARK A
Role null
Type Security Shares Price Value
Other Stock Units (RSDCP) 103.623 $114.38 $12K
holding Common Stock -- -- --
Holdings After Transaction: Stock Units (RSDCP) — 33,967.608 shares (Direct, null); Common Stock — 16,718 shares (Direct, null)
Footnotes (1)
  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. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Additional stock units 103.6229 units Dividend reinvestment into restricted stock units on June 3, 2026
Unit reference price $114.3800 per unit Price per stock unit for the June 3, 2026 transaction
Deferred stock units after transaction 33,967.6083 units Restricted stock units in deferred phantom stock account after update
Direct common shares held 16,718 shares PACCAR common stock held directly after reported transactions
Restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred phantom stock account financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
PACCAR Restricted Stock and Deferred Compensation Plan financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
Dividend reinvested financial
"Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units"
Non-Employee Directors financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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 WASHINGTON 98004
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock16,718D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units (RSDCP)(1)06/03/2026J(2)103.6229 (1) (1)Common Stock103.6229$114.3833,967.6083D
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 Attorney06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did PACCAR (PCAR) director Mark A. Schulz report?

Mark A. Schulz reported a routine update to deferred equity holdings. Dividends on his existing restricted stock units were reinvested into additional stock units, and his post-transaction common stock and unit balances were disclosed, with no open-market buying or selling reported.

How many PACCAR stock units were added to Schulz’s deferred account?

The filing shows 103.6229 additional restricted stock units credited to Schulz’s deferred phantom stock account. These units resulted from dividend reinvestment under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors, rather than from an open-market purchase.

What are Schulz’s PACCAR deferred stock unit holdings after this transaction?

After the transaction, Schulz holds 33,967.6083 stock units in the deferred phantom stock account. These units are tied to PACCAR common stock on a one-for-one basis and are deliverable upon satisfaction of the applicable vesting and plan conditions outlined in the program.

How many PACCAR common shares does Mark A. Schulz now hold directly?

The report lists 16,718 PACCAR common shares held directly by Schulz following the reported transactions. This figure reflects his direct ownership position separate from the deferred restricted stock units held in the plan’s phantom stock account structure.

Is the PACCAR Form 4 for Mark A. Schulz a buy or sell signal?

The Form 4 does not show any open-market buys or sells. It records dividend reinvestment into restricted stock units and updates to existing holdings, which are routine, compensation-related plan mechanics rather than discretionary trading in PACCAR shares.

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

The RSDCP is a plan for non-employee directors that awards restricted stock units in a deferred phantom stock account. Units are convertible into PACCAR common stock on a one-for-one basis upon vesting, and dividends on units are reinvested into additional units under the plan.