PACCAR director acquires 318.3555 stock units
PACCAR's deferred accounts specify separate conversion conditions: director-status termination for Stock Units and vesting conditions for restricted stock units.
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Rhea-AI Filing Summary
PACCAR Inc director Sreeganesh Ramaswamy acquired 318.3555 Stock Units on October 1, 2026, at a reported $109.9400 per unit. The units reflect cash compensation deferred into a phantom stock account; 11,218.3662 Stock Units were reported after the transaction. A separate RSDCP account lists 13,518.0234 restricted stock units. The Stock Units convert to common stock 1-for-1 upon termination of his non-employee director status; the restricted stock units convert 1-for-1 upon satisfaction of applicable vesting conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units F1, F2 | 318.3555 | $109.94 | $35K |
| holding | Stock Units (RSDCP) F3 | -- | -- | -- |
Footnotes (3)
- F1. 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 termination of the Reporting Person's status as a non-employee director.
- F2. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).
- F3. 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.
Key Figures
Key Terms
deferred phantom stock account financial
PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) financial
vesting conditions financial
FAQ
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How many PCAR Stock Units did director Sreeganesh Ramaswamy acquire?
How many PCAR restricted stock units does Sreeganesh Ramaswamy hold?
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