Were the PACCAR director’s transactions open‑market trades or plan-related adjustments?

The transactions are coded "J" and the footnotes explain they are dividends reinvested into stock units and restricted stock units under the RSDCP, rather than open‑market trades.

Dividend stock units for PACCAR (PCAR) director reinvested in RSDCP

Q: What insider activity did PACCAR (PCAR) report for director Breber Pierre R?

The filing shows Breber Pierre R , a PACCAR director, updated his holdings through dividend reinvestments into deferred stock unit plans on January 7, 2026 , rather than through open‑market purchases or sales.

Q: How many PACCAR stock units did the director receive on January 7, 2026?

He received 32.7646 stock units and 31.1417 stock units (RSDCP) , both credited as dividends to deferred phantom and restricted stock unit accounts tied to PACCAR common stock.

Q: At what price were the PACCAR stock units credited in the Form 4 filing?

The Form 4 reports a value of $115.3 per underlying share for both the 32.7646 stock units and the 31.1417 stock units (RSDCP) credited on January 7, 2026 .

Q: What are PACCAR RSDCP stock units and how are they settled?

Under the PACCAR Restricted Stock and Deferred Compensation Plan for non‑Employee Directors (RSDCP) , stock units and restricted stock units are convertible into PACCAR common stock on a 1‑for‑1 basis upon termination as a non‑employee director or after vesting conditions are satisfied.

Q: How many PACCAR common shares and stock units does the director hold after these transactions?

After the reported activity, he directly holds 13,015 PACCAR common shares , plus 3,179.3517 stock units and 4,164.8848 stock units (RSDCP) in deferred accounts.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

PACCAR director Breber Pierre R filed a Form 4 updating his equity holdings. On January 7, 2026, two derivative transactions coded "J" reflect dividend reinvestments into deferred stock plans rather than open‑market trades. He received 32.7646 stock units and 31.1417 stock units (RSDCP) at $115.3 per underlying share, credited to phantom and restricted stock unit accounts under PACCAR’s Restricted Stock and Deferred Compensation Plan for non‑employee directors. These units are convertible into PACCAR common stock on a 1‑for‑1 basis upon termination as a non‑employee director or after vesting conditions are met. Following these transactions, he directly holds 13,015 common shares, plus 3,179.3517 stock units and 4,164.8848 stock units (RSDCP) in the deferred accounts.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Breber Pierre R

Role Director

Type	Security	Shares	Price	Value
Other	Stock Units	32.765	$115.30	$4K
Other	Stock Units (RSDCP)	31.142	$115.30	$4K
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Units — 3,179.352 shares (Direct); Stock Units (RSDCP) — 4,164.885 shares (Direct); Common Stock — 13,015 shares (Direct)

Footnotes (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. 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. 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.

Form 4 Insider Transactions: What Each Field Means →

01/08/2026 - 05:00 PM

SEC Form 4

FORM 4

UNITED 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

98004

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								13,015	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Units	⁽¹⁾	01/07/2026		J⁽²⁾		32.7646		⁽¹⁾	⁽¹⁾	Common Stock	32.7646	$115.3	3,179.3517	D
Stock Units (RSDCP)	⁽³⁾	01/07/2026		J⁽⁴⁾		31.1417		⁽³⁾	⁽³⁾	Common Stock	31.1417	$115.3	4,164.8848	D

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 Attorney	01/08/2026
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did PACCAR (PCAR) report for director Breber Pierre R?

The filing shows Breber Pierre R, a PACCAR director, updated his holdings through dividend reinvestments into deferred stock unit plans on January 7, 2026, rather than through open‑market purchases or sales.

How many PACCAR stock units did the director receive on January 7, 2026?

He received 32.7646 stock units and 31.1417 stock units (RSDCP), both credited as dividends to deferred phantom and restricted stock unit accounts tied to PACCAR common stock.

At what price were the PACCAR stock units credited in the Form 4 filing?

The Form 4 reports a value of $115.3 per underlying share for both the 32.7646 stock units and the 31.1417 stock units (RSDCP) credited on January 7, 2026.

What are PACCAR RSDCP stock units and how are they settled?

Under the PACCAR Restricted Stock and Deferred Compensation Plan for non‑Employee Directors (RSDCP), stock units and restricted stock units are convertible into PACCAR common stock on a 1‑for‑1 basis upon termination as a non‑employee director or after vesting conditions are satisfied.

How many PACCAR common shares and stock units does the director hold after these transactions?

After the reported activity, he directly holds 13,015 PACCAR common shares, plus 3,179.3517 stock units and 4,164.8848 stock units (RSDCP) in deferred accounts.