STOCK TITAN

PACCAR (PCAR) director’s dividend reinvested into deferred restricted stock units

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

Rhea-AI Filing Summary

PACCAR director Kirk S. Hachigian recorded an administrative adjustment to his deferred stock units. On the reporting date, a dividend on his existing restricted stock units under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors was reinvested as an additional 236.1852 stock units.

These units are held in a deferred phantom stock account and are convertible into PACCAR common stock on a 1-for-1 basis once all vesting conditions are met. Following this routine plan-related transaction, Hachigian’s deferred stock unit balance under the plan is 77,421.5145 units.

Positive

  • None.

Negative

  • None.
Insider HACHIGIAN KIRK S
Role null
Type Security Shares Price Value
Other Stock Units (RSDCP) 236.185 $114.38 $27K
Holdings After Transaction: Stock Units (RSDCP) — 77,421.515 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.
Dividend RSUs added 236.1852 units Restricted stock units credited as dividend reinvestment
Reference share value $114.3800 per unit Price per stock unit used in the Form 4 entry
Post-transaction RSU balance 77,421.5145 units Deferred stock units held after the transaction
Transaction code J Other acquisition or disposition of derivative securities
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"
Restricted Stock and Deferred Compensation Plan financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
Reinvested in additional restricted stock units financial
"Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan reinvested in additional restricted stock units"
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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*
HACHIGIAN KIRK S

(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
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)236.1852 (1) (1)Common Stock236.1852$114.3877,421.5145D
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)

FAQ

What insider activity did PACCAR (PCAR) report for Kirk S. Hachigian?

PACCAR reported that director Kirk S. Hachigian had a dividend on his restricted stock units reinvested into 236.1852 additional stock units in a deferred phantom stock account, a routine plan-related adjustment rather than an open-market trade.

How many PACCAR (PCAR) deferred stock units does Kirk S. Hachigian hold after this filing?

After the reported transaction, Kirk S. Hachigian holds 77,421.5145 stock units in PACCAR’s deferred phantom stock account. These units represent restricted stock units credited under the company’s Restricted Stock and Deferred Compensation Plan for non-employee directors.

Was the PACCAR (PCAR) Form 4 transaction a buy or sell of common stock?

The Form 4 transaction was not an open-market buy or sell. It reflects a “J” code other transaction, specifically the reinvestment of a dividend into additional restricted stock units within PACCAR’s deferred compensation plan for non-employee directors.

What is the PACCAR (PCAR) Restricted Stock and Deferred Compensation Plan mentioned in the Form 4?

The filing describes PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors as using a deferred phantom stock account, where restricted stock units are credited and later convertible into PACCAR common stock on a 1-for-1 basis after vesting.

How were dividends treated on PACCAR (PCAR) restricted stock units in this filing?

According to the footnote, a dividend on PACCAR restricted stock units was reinvested into additional restricted stock units under the company’s Restricted Stock and Deferred Compensation Plan (RSDCP), increasing the director’s deferred phantom stock balance instead of paying cash.