PACCAR director reports changes in deferred stock units
PACCAR Inc director Sreeganesh Ramaswamy reported two "other" transactions in deferred stock-based awards.
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Rhea-AI Filing Summary
PACCAR Inc director Sreeganesh Ramaswamy reported two "other" transactions in deferred stock-based awards. The filing shows 26.8418 stock units and 35.4062 stock units (RSDCP) at $124.92 each, bringing his balances to 10,187.6999 and 13,438.2734 units, respectively. Footnotes explain these are phantom stock units under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors, convertible into PACCAR common stock on a 1-for-1 basis, with dividends reinvested into additional units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 26.8418 | $124.92 | $3K |
| Other | Stock Units (RSDCP) | 35.4062 | $124.92 | $4K |
Footnotes (4)
- 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.
- 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.
- 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.
- F4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
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