PACCAR (NASDAQ: PCAR) director reports 904.7 new deferred stock units
Rhea-AI Filing Summary
PACCAR Inc director Kirk S. Hachigian reported an acquisition of deferred stock units under the company’s Restricted Stock and Deferred Compensation Plan for non-employee directors (RSDCP). On 01/07/2026, a dividend on his existing restricted stock units was reinvested, adding 904.6971 Stock Units (RSDCP) at $115.3 per unit. These units are held in a deferred phantom stock account and are convertible into PACCAR common stock on a one-for-one basis once all vesting conditions are met. Following this transaction, Hachigian beneficially owns a total of 76,981.9668 RSDCP stock units, held directly.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did PACCAR (PCAR) director Kirk S. Hachigian report?
He reported acquiring 904.6971 Stock Units (RSDCP) on 01/07/2026, recorded as a derivative transaction coded J, with a reference price of $115.3 per unit.
What are PACCAR RSDCP stock units reported in this Form 4 for PCAR?
The filing describes them as restricted stock units held in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors, convertible into PACCAR common stock on a 1-for-1 basis after vesting conditions are satisfied.
Why did Kirk S. Hachigian receive additional PACCAR RSDCP units?
The additional 904.6971 units resulted from a dividend on existing restricted stock units that was reinvested in additional restricted stock units under the PACCAR RSDCP.
How many PACCAR RSDCP units does the director own after this transaction?
After the reported transaction, Kirk S. Hachigian beneficially owns 76,981.9668 Stock Units (RSDCP), according to the Form 4.
Is the PACCAR director’s ownership in this Form 4 direct or indirect?
The filing shows the ownership form as Direct (D), meaning the stock units are reported as directly owned by the director rather than through an intermediary entity.
Does this PACCAR Form 4 involve common stock or derivative securities?
The transaction involves derivative securities listed as Stock Units (RSDCP), which are restricted stock units that can later convert into PACCAR common stock on a one-for-one basis once vesting requirements are met.