PACCAR (PCAR) director reports added RSDCP stock units in Form 4 filing

Q: What insider transaction did PACCAR (PCAR) director Sreeganesh Ramaswamy report?

He reported acquiring additional stock units and restricted stock units (RSDCP) on January 7, 2026 under PACCAR’s non-employee director compensation plan.

Q: How many PACCAR stock units did the director acquire in this Form 4?

He acquired 117.7285 stock units at $115.3 per unit and 141.9658 stock units (RSDCP) at $115.3 per unit, all reported as directly owned.

Q: What are PACCAR RSDCP stock units reported in this filing?

They are deferred phantom stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors, generally convertible into PACCAR common stock on a 1-for-1 basis after termination of director service or upon vesting, as described in the footnotes.

Q: Did PACCAR director Sreeganesh Ramaswamy sell any shares in this Form 4?

No sales are reported. The Form 4 shows acquisitions coded “J” of stock units and restricted stock units, including dividend reinvestments into additional units under the RSDCP.

Q: How many PACCAR stock units does the director hold after these transactions?

Following the reported transactions, he holds 10,160.8581 stock units in one account and 13,402.8672 stock units (RSDCP) in another, all listed as directly owned.

Q: How do dividends affect the PACCAR stock units in this Form 4?

According to the footnotes, dividends on stock units and restricted stock units under the RSDCP are reinvested in additional stock units or restricted stock units pursuant to the plan.

Q: When can the PACCAR RSDCP stock units reported here be converted into common stock?

Footnotes state that certain stock units convert to PACCAR common stock on a 1-for-1 basis upon termination of his status as a non-employee director, while restricted stock units convert on a 1-for-1 basis upon satisfaction of all vesting conditions .

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

PACCAR director Sreeganesh Ramaswamy reported additional stock-based awards under the company’s Restricted Stock and Deferred Compensation Plan for non-employee directors (RSDCP). On January 7, 2026, he acquired 117.7285 stock units at $115.3 per unit, bringing his balance in that stock unit account to 10,160.8581 units, held directly.

He also acquired 141.9658 stock units (RSDCP) at $115.3 per unit, increasing his balance in that restricted stock unit account to 13,402.8672 units, also held directly. Footnotes explain these are deferred phantom stock units under the RSDCP: some convert into PACCAR common stock on a 1-for-1 basis when his service as a non-employee director ends, and others convert upon meeting vesting conditions. Dividends paid on these units and restricted stock units are reinvested in additional units under the plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider RAMASWAMY SREEGANESH

Role Director

Type	Security	Shares	Price	Value
Other	Stock Units	117.729	$115.30	$14K
Other	Stock Units (RSDCP)	141.966	$115.30	$16K

Holdings After Transaction: Stock Units — 10,160.858 shares (Direct); Stock Units (RSDCP) — 13,402.867 shares (Direct)

Footnotes (1)

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. Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) reinvested in additional stock units pursuant to RSDCP. 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.

Form 4 Insider Transactions: What Each Field Means →

01/08/2026 - 05:00 PM

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^*

RAMASWAMY SREEGANESH

(Last)

(First)

(Middle)

777 - 106TH AVE. N.E.

(Street)

BELLEVUE

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)
01/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Units	⁽¹⁾	01/07/2026		J⁽²⁾		117.7285		⁽¹⁾	⁽¹⁾	Common Stock	117.7285	$115.3	10,160.8581	D
Stock Units (RSDCP)	⁽³⁾	01/07/2026		J⁽⁴⁾		141.9658		⁽³⁾	⁽³⁾	Common Stock	141.9658	$115.3	13,402.8672	D

Explanation of Responses:

1. 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.

2. Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) reinvested in additional stock units pursuant to RSDCP.

3. 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.

4. 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	01/08/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PACCAR (PCAR) director Sreeganesh Ramaswamy report?

He reported acquiring additional stock units and restricted stock units (RSDCP) on January 7, 2026 under PACCAR’s non-employee director compensation plan.

How many PACCAR stock units did the director acquire in this Form 4?

He acquired 117.7285 stock units at $115.3 per unit and 141.9658 stock units (RSDCP) at $115.3 per unit, all reported as directly owned.

What are PACCAR RSDCP stock units reported in this filing?

They are deferred phantom stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors, generally convertible into PACCAR common stock on a 1-for-1 basis after termination of director service or upon vesting, as described in the footnotes.

Did PACCAR director Sreeganesh Ramaswamy sell any shares in this Form 4?

No sales are reported. The Form 4 shows acquisitions coded “J” of stock units and restricted stock units, including dividend reinvestments into additional units under the RSDCP.

How many PACCAR stock units does the director hold after these transactions?

Following the reported transactions, he holds 10,160.8581 stock units in one account and 13,402.8672 stock units (RSDCP) in another, all listed as directly owned.

How do dividends affect the PACCAR stock units in this Form 4?

According to the footnotes, dividends on stock units and restricted stock units under the RSDCP are reinvested in additional stock units or restricted stock units pursuant to the plan.

When can the PACCAR RSDCP stock units reported here be converted into common stock?

Footnotes state that certain stock units convert to PACCAR common stock on a 1-for-1 basis upon termination of his status as a non-employee director, while restricted stock units convert on a 1-for-1 basis upon satisfaction of all vesting conditions.