PACCAR (PCAR) vice president logs RSU conversion and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR Inc Vice President Craig R. Gryniewicz reported equity award activity and related tax withholding. On March 1, 2026, 633 stock units (LTIP) were converted into an equal number of PACCAR common shares at no cost upon vesting. On March 2, 2026, 250 common shares were withheld at $126.09 per share to cover tax liabilities tied to vested restricted shares and units, leaving 6,234 common shares held directly, plus additional stock units, options, and indirect holdings in a savings plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
633 shares exercised/converted
Mixed
9 txns
Insider
Gryniewicz Craig R
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 250 | $126.09 | $32K |
| Exercise | Stock Units (LTIP) | 633 | $0.00 | -- |
| Exercise | Common Stock | 633 | $0.00 | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,234 shares (Direct);
Stock Units (LTIP) — 3,627 shares (Direct);
Stock Option — 8,832 shares (Direct);
Common Stock — 7,392.728 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (1)
- Restricted stock units converted to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Shares withheld for payment of tax liability in connection with the vesting of restricted shares and/or restricted stock units. Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years.
FAQ
What insider transactions did PACCAR (PCAR) Vice President Craig R. Gryniewicz report?
Craig R. Gryniewicz reported vesting-related equity activity. On March 1, 2026, 633 stock units under the LTIP converted into 633 common shares. On March 2, 2026, 250 common shares were withheld to satisfy tax liabilities associated with those and other vested restricted awards.
What PACCAR (PCAR) equity holdings does Craig R. Gryniewicz report after these transactions?
After the reported transactions, Gryniewicz holds 6,234 PACCAR common shares directly, plus 3,627 stock units under the Long Term Incentive Plan. He also reports several direct stock option positions and 7,392.728 common shares held indirectly through the PACCAR Savings Investment Plan.
What is the nature of the PACCAR (PCAR) LTIP stock units in this Form 4?
The LTIP restricted stock units convert into common stock on a one-for-one basis after vesting. Each award vests in four equal installments starting March 1 following the grant, then on January 1 of the next three years, aligning executive compensation with long-term company performance.
Did Craig R. Gryniewicz execute any open-market buys or sells of PACCAR (PCAR) stock?
The reported transactions are equity award-related, not open-market trades. They include conversion of 633 LTIP stock units into common shares and withholding of 250 shares to cover taxes. No open-market purchase or sale code is indicated in the provided transactions.