PACCAR director updates deferred stock unit holdings
PACCAR INC director Luiz Antonio Dos Santos reported an administrative update to his equity-based compensation, rather than an open-market trade.
Rhea-AI Filing Summary
PACCAR INC director Luiz Antonio Dos Santos reported an administrative update to his equity-based compensation, rather than an open-market trade. He recorded an "other" transaction involving 180.6205 stock units at $117.65 per unit, bringing his direct stock unit balance to 1,546.4859 units.
He also holds 4,229.2487 stock units in the PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP). These deferred phantom stock units are convertible into an equal number of PACCAR common shares on a 1-for-1 basis upon termination of his non-employee director service or after vesting conditions are met.
Positive
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Negative
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Insider Trade Summary
Other: 180.6205 shares
Other
2 txns
Insider
Pretti Luiz Antonio Dos Santos
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 180.6205 | $117.65 | $21K |
| holding | Stock Units (RSDCP) | -- | -- | -- |
Holdings After Transaction:
Stock Units — 1,546.4859 contracts (Direct);
Stock Units (RSDCP) — 4,229.2487 contracts (Direct)
Footnotes (3)
- 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. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (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.
Key Figures
Stock unit transaction size: 180.6205 stock units at $117.65
Direct stock units after transaction: 1,546.4859 stock units
Deferred RSDCP underlying units: 4,229.2487 stock units
+1 more
4 metrics
Stock unit transaction size
180.6205 stock units at $117.65
Other acquisition or disposition on 2026-04-01
Direct stock units after transaction
1,546.4859 stock units
Total stock units following transaction
Deferred RSDCP underlying units
4,229.2487 stock units
Underlying PACCAR common stock in RSDCP account
Restructuring-related units
180.6205 units
Classified as restructuring shares in summary
Key Terms
deferred phantom stock account, Restricted Stock and Deferred Compensation Plan, RSDCP, 1-for-1 basis, +1 more
5 terms
deferred phantom stock account financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
Restricted Stock and Deferred Compensation Plan financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
RSDCP financial
"Plan for Non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis"
1-for-1 basis financial
"convertible to PACCAR common stock on a 1-for-1 basis upon termination"
Restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PACCAR (PCAR) director Luiz Antonio Dos Santos report?
Luiz Antonio Dos Santos reported an "other" stock unit transaction, not a market buy or sell. It involved 180.6205 stock units valued at $117.65 each, updating his deferred and direct equity-based compensation holdings under PACCAR’s director plans.
Did PACCAR (PCAR) director Dos Santos buy or sell common stock in this Form 4?
The filing does not show an open-market purchase or sale of common stock. Instead, it records an "other acquisition or disposition" of 180.6205 stock units and updates deferred phantom stock balances under PACCAR’s Restricted Stock and Deferred Compensation Plan.
How many PACCAR stock units does Dos Santos hold after the reported transactions?
After the reported activity, Dos Santos holds 1,546.4859 stock units directly. In addition, his deferred RSDCP account reflects 4,229.2487 underlying common stock units, which are phantom units linked to PACCAR’s share price and convertible to shares on a 1-for-1 basis when conditions are met.
What is the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP)?
The RSDCP is a plan for non-employee directors allowing cash compensation and restricted stock units to be deferred into a phantom stock account. These phantom stock units track PACCAR’s share value and convert into common stock on a 1-for-1 basis upon termination or after vesting conditions.
At what price were the new PACCAR stock units recorded in this Form 4?
The Form 4 shows 180.6205 stock units recorded at a reference price of $117.65 per unit. This price reflects the value used for this administrative stock unit transaction, which is categorized as an "other acquisition or disposition" rather than a standard market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
