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PACCAR director adds 23.5708 stock units via dividends

PACCAR INC (PCAR) director Pierre R. Breber reported acquiring additional deferred stock-based units tied to PACCAR common stock.

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

Rhea-AI Filing Summary

PACCAR INC (PCAR) director Pierre R. Breber reported acquiring additional deferred stock-based units tied to PACCAR common stock. On September 2, 2026, dividends on existing stock and restricted stock units under the Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) were reinvested into a total of 23.5708 additional stock units, each convertible into common shares on a 1-for-1 basis upon termination or vesting. Following these transactions, Breber directly holds 4,047.7669 stock units, 4,200.6691 restricted stock units under the RSDCP, and 13,015 shares of PACCAR common stock, with no Rule 10b5-1 trading plan reported.

Positive

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Negative

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Insider Breber Pierre R
Role Director
Type Security Shares Price Value
Other Stock Units F1, F2 11.5669 $122.13 $1K
Other Stock Units (RSDCP) F3, F4 12.0039 $122.13 $1K
holding Common Stock -- -- --
Holdings After Transaction: Stock Units — 4,047.7669 contracts (Direct); Stock Units (RSDCP) — 4,200.6691 contracts (Direct); Common Stock — 13,015 shares (Direct)
Footnotes (4)
  1. F1. 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. F2. 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. F3. 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. F4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Stock units acquired 11.5669 stock units Dividend on existing stock units reinvested on September 2, 2026
Restricted stock units acquired 12.0039 stock units Dividend on restricted stock units reinvested on September 2, 2026
Total additional stock-based units 23.5708 units Sum of new stock units and restricted stock units from dividend reinvestment
Price per unit $122.13 per unit Reference price used for both stock unit transactions on September 2, 2026
Stock units after transaction 4,047.7669 stock units Deferred phantom stock account balance after dividend reinvestment
Restricted stock units after transaction 4,200.6691 stock units Deferred restricted stock units balance after dividend reinvestment
Common stock holdings 13,015 shares Directly held PACCAR common stock reported as of September 2, 2026
Deferred Compensation Plan financial
"held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
phantom stock financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR"
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.
RSDCP financial
"Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock"

FAQ

What did PACCAR (PCAR) director Pierre R. Breber report on this Form 4?
Pierre R. Breber reported acquiring 23.5708 stock-based units on September 2, 2026, through dividend reinvestment in deferred and restricted stock units under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP), all convertible into common stock on a 1-for-1 basis.

How many deferred stock units does the PACCAR (PCAR) director hold after these transactions?
After the transactions, Pierre R. Breber holds 4,047.7669 stock units and 4,200.6691 restricted stock units in deferred phantom stock accounts under PACCAR’s RSDCP, each ultimately convertible into PACCAR common stock on a 1-for-1 basis upon the specified conditions.

How many PACCAR (PCAR) common shares does Pierre R. Breber directly own after the reported transactions?
Pierre R. Breber directly owns 13,015 shares of PACCAR common stock after the reported transactions. This common stock holding is separate from his deferred and restricted stock units held under the Restricted Stock and Deferred Compensation Plan for non-Employee Directors.

What were the prices used for the new PACCAR (PCAR) stock units acquired by the director?
The new stock units and restricted stock units were credited at a reference price of $122.13 per unit on September 2, 2026, in connection with dividends reinvested into additional stock units under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-Employee Directors.

Were the PACCAR (PCAR) director’s transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for these transactions. The footnotes state that the additional stock units and restricted stock units arose from dividends reinvested under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-Employee Directors.

When can the PACCAR (PCAR) stock units reported by the director be converted into common stock?
The stock units are convertible into PACCAR common stock on a 1-for-1 basis upon termination of Pierre R. Breber’s status as a non-employee director, while the restricted stock units convert upon satisfaction of all applicable vesting conditions under the RSDCP.

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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*
Breber Pierre R
(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)
09/02/2026		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
Common Stock13,015D
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(1)09/02/2026J(2)11.5669 (1) (1)Common Stock11.5669$122.134,047.7669D
Stock Units (RSDCP)(3)09/02/2026J(4)12.0039 (3) (3)Common Stock12.0039$122.134,200.6691D
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 Attorney09/03/2026
** 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)

Source: View Original Filing on SEC EDGAR