PACCAR (PCAR) VP updates equity holdings after SIP dividend reinvestment and details options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR INC Vice President Craig R. Gryniewicz reported updated equity holdings, mainly reflecting routine plan activity rather than open-market trading. A dividend on shares held in the PACCAR Savings Investment Plan (SIP) was reinvested, adding 22.986 common shares at $114.38 per share and bringing his indirect SIP position to 7,569.964 shares.
He also holds 6,234 PACCAR common shares directly, plus 3,627 restricted stock units under the Long Term Incentive Plan, which are convertible into common stock on a one-for-one basis when vesting conditions are met. In addition, he retains multiple stock option grants covering thousands of shares at exercise prices from about $62.87 to $127.35, with expirations extending into 2036, indicating a substantial remaining long-term equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Gryniewicz Craig R
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 22.986 | $114.38 | $3K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,569.964 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Stock Option — 8,832 shares (Direct, null);
Stock Units (LTIP) — 3,627 shares (Direct, null);
Common Stock — 6,234 shares (Direct, null)
Footnotes (1)
- Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP. Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
Key Figures
SIP dividend reinvestment: 22.986 shares at $114.38
Indirect SIP holdings: 7,569.964 shares
Direct common stock: 6,234 shares
+4 more
7 metrics
SIP dividend reinvestment
22.986 shares at $114.38
Dividend on PACCAR Savings Investment Plan shares reinvested
Indirect SIP holdings
7,569.964 shares
Common stock held by PACCAR Savings Investment Plan after reinvestment
Direct common stock
6,234 shares
PACCAR common stock held directly after reported transactions
Restricted stock units
3,627 units
LTIP phantom stock units convertible one-for-one into common stock
Stock option grant
8,014 underlying shares at $127.35
Stock option expiring 2036-02-06
Stock option grant
9,016 underlying shares at $71.95
Stock option expiring 2033-02-08
Stock option grant
8,832 underlying shares at $62.8667
Stock option expiring 2032-02-07
Key Terms
PACCAR Savings Investment Plan (SIP), Restricted stock units, Long Term Incentive Plan (LTIP), deferred phantom stock account, +1 more
5 terms
PACCAR Savings Investment Plan (SIP) financial
"Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP."
Restricted stock units financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
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.
Long Term Incentive Plan (LTIP) financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
deferred phantom stock account financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
Stock Option financial
"Stock Option on Common Stock with exercise price and expiration date disclosed."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
What did PACCAR (PCAR) Vice President Craig R. Gryniewicz report in this Form 4?
He reported updated equity holdings, primarily a dividend reinvestment in the PACCAR Savings Investment Plan (SIP). The transaction added 22.986 common shares at $114.38 each and updated his direct, plan, RSU, and option positions.
What long-term incentive awards does Craig R. Gryniewicz have in PACCAR (PCAR)?
He holds 3,627 restricted stock units under the Long Term Incentive Plan, each convertible into one common share upon vesting. He also has several stock option grants covering thousands of shares at exercise prices between $62.8667 and $127.35, expiring from 2032 to 2036.
Are Craig R. Gryniewicz’s PACCAR (PCAR) options still outstanding after this Form 4?
Yes. The filing lists multiple outstanding stock option grants tied to common stock, with exercise prices from $62.8667 to $127.35 and expirations between 2032 and 2036, indicating he retains a sizable unexercised option position.