PACCAR (PCAR) EVP updates SIP dividend reinvestment and equity holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR Inc Executive Vice President Kevin D. Baney reported an update to his holdings through the company’s benefit and incentive plans. A dividend on shares held in the PACCAR Savings Investment Plan was reinvested, adding 15.593 shares of common stock at $124.92 per share, bringing his indirect plan balance to 6,037.161 shares.
He also reported updated direct holdings in multiple stock option grants and 8,507 stock units under the Long Term Incentive Plan, which are convertible into common stock on a one-for-one basis upon satisfaction of vesting conditions, plus 13,644 directly held common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
BANEY KEVIN D
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 15.593 | $124.92 | $2K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,037.161 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Stock Option — 11,118 shares (Direct);
Stock Units (LTIP) — 8,507 shares (Direct);
Common Stock — 13,644 shares (Direct)
Footnotes (1)
- Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP. Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d). 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.
FAQ
What did PACCAR (PCAR) Executive Vice President Kevin D. Baney report in this Form 4?
Kevin D. Baney reported updated ownership of PACCAR equity tied to company plans. The filing shows a dividend reinvestment in the PACCAR Savings Investment Plan and updated balances in stock options, long-term incentive stock units, and directly held common stock.
What long-term incentive stock units does Kevin D. Baney hold in PACCAR?
Kevin D. Baney reports 8,507 stock units in a deferred phantom stock account under PACCAR’s Long Term Incentive Plan. Footnotes explain these restricted stock units are convertible into common stock on a one-for-one basis when all applicable vesting conditions under the plan are satisfied.
What PACCAR stock option holdings does Kevin D. Baney disclose in this Form 4?
The Form 4 lists several PACCAR stock option positions held directly by Kevin D. Baney. Reported post-transaction balances include grants with 11,118, 11,547, 10,806, 12,742, 23,502, and 26,086 options outstanding, reflecting his various long-term equity awards tied to PACCAR common stock.