PACCAR director’s RSU dividend reinvested in plan
PACCAR director Kirk S. Hachigian recorded an administrative adjustment to his deferred stock units.
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
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units (RSDCP) | 236.1852 | $114.38 | $27K |
Footnotes (2)
- F1. 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.
- F2. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Key Figures
Key Terms
Restricted stock units financial
Deferred phantom stock account financial
Restricted Stock and Deferred Compensation Plan financial
Reinvested in additional restricted stock units financial
FAQ
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What insider activity did PACCAR (PCAR) report for Kirk S. Hachigian?
How many PACCAR (PCAR) deferred stock units does Kirk S. Hachigian hold after this filing?
Was the PACCAR (PCAR) Form 4 transaction a buy or sell of common stock?
What is the PACCAR (PCAR) Restricted Stock and Deferred Compensation Plan mentioned in the Form 4?
How were dividends treated on PACCAR (PCAR) restricted stock units in this filing?
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