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.

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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.

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

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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.

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Accepted by SEC EDGAR 04/02/2026 - 06:16 PM EDT

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^*

Pretti Luiz Antonio Dos Santos

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

X	Form 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)
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)

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⁾	04/01/2026		J⁽²⁾		180.6205		⁽¹⁾	⁽¹⁾	Common Stock	180.6205	$117.65	1,546.4859	D
Stock Units (RSDCP)	⁽³⁾							⁽³⁾	⁽³⁾	Common Stock	4,229.2487		4,229.2487	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. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (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.

	Michael R. Beers, by Power of Attorney	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR