PACCAR (PCAR) VP, General Counsel logs dividend reinvestments in plans
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR INC vice president and general counsel Michael K. Walton reported routine plan-related updates to his holdings, with no open-market buys or sells. On March 4, 2026, dividends were reinvested at $124.92 per share in both a savings plan and a deferred compensation plan.
The filing shows 36.651 stock units credited under the PACCAR Deferred Compensation Plan (DCP), bringing his DCP stock unit balance to 13,910.631 units. It also reports 17.641 common shares held through the PACCAR Savings Investment Plan (SIP), raising that indirect SIP position to 6,803.955 shares.
Footnotes explain that SIP dividends were reinvested pursuant to the plan and that balances include prior company match awards. Additional lines update outstanding stock options, long-term incentive plan stock units, and directly held common stock as of the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
WALTON MICHAEL K
Role
VICE PRESIDENT/GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units (DCP) | 36.651 | $124.92 | $5K |
| Other | Common Stock | 17.641 | $124.92 | $2K |
| 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:
Stock Units (DCP) — 13,910.631 shares (Direct);
Common Stock — 6,803.955 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Stock Option — 1,302 shares (Direct);
Stock Units (LTIP) — 2,997 shares (Direct);
Common Stock — 2,885 shares (Direct)
Footnotes (1)
- Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP. Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d). Share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable conditions. Dividend on share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) reinvested pursuant to DCP. 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.
FAQ
What insider activity did PACCAR (PCAR) report for Michael K. Walton on March 4, 2026?
PACCAR reported plan-related updates for Michael K. Walton on March 4, 2026, with no open-market buys or sells. The filing shows dividend reinvestments into the Savings Investment Plan and Deferred Compensation Plan, plus updated balances for stock options, long-term incentive units, and common stock.
How many PACCAR stock units did Michael K. Walton hold in the Deferred Compensation Plan after this Form 4?
After this Form 4, Michael K. Walton held 13,910.631 stock units in PACCAR’s Deferred Compensation Plan. On March 4, 2026, 36.651 additional stock units were credited from a dividend reinvested at a price of $124.92 per unit under the plan’s terms.
What change occurred in Michael K. Walton’s PACCAR Savings Investment Plan (SIP) holdings?
Walton’s PACCAR Savings Investment Plan holdings increased through dividend reinvestment. On March 4, 2026, 17.641 common shares were added at $124.92 per share, bringing his SIP-related indirect ownership to 6,803.955 shares, including shares previously awarded as company match under the plan.
How are PACCAR dividends treated in Michael K. Walton’s SIP and DCP accounts?
PACCAR dividends in Walton’s SIP account are reinvested to buy additional shares under the plan. In his Deferred Compensation Plan account, dividends on phantom stock units are also reinvested, creating more stock units, all according to each plan’s reinvestment provisions described in the Form 4 footnotes.
What other PACCAR equity awards and holdings are updated for Michael K. Walton?
The filing updates balances for several PACCAR stock option grants, listing post-transaction amounts such as 1,302, 7,918, 6,108, 5,844, and 5,674 options. It also notes 2,997 stock units under the Long Term Incentive Plan and 2,885 shares of common stock held directly in his name.