PACCAR (PCAR) Executive Chairman reports SIP dividend share reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR Executive Chairman Mark C. Pigott reported routine share updates on Form 4. The filing shows a dividend on shares held in the PACCAR Savings Investment Plan (SIP) was reinvested, adding 533.671 shares of common stock at $114.38 per share to an indirect SIP account. After this SIP dividend reinvestment, that indirect SIP holding totals 175,754.160 shares. The filing also reports unchanged indirect holdings of 424,920 shares held by his wife and children and direct ownership of 5,082,345 shares, indicating a large continuing stake in PACCAR common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
PIGOTT MARK C
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 533.671 | $114.38 | $61K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 175,754.16 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Common Stock — 5,082,345 shares (Direct, null)
Footnotes (1)
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Key Figures
SIP dividend reinvestment shares: 533.671 shares
Reinvestment price: $114.38 per share
SIP holdings after reinvestment: 175,754.160 shares
+2 more
5 metrics
SIP dividend reinvestment shares
533.671 shares
PACCAR Savings Investment Plan dividend reinvested
Reinvestment price
$114.38 per share
Price for SIP dividend reinvestment shares
SIP holdings after reinvestment
175,754.160 shares
Indirect PACCAR shares via SIP after transaction
Indirect family holdings
424,920 shares
Indirect ownership by wife and children
Direct holdings
5,082,345 shares
Direct PACCAR common stock held by Mark Pigott
Key Terms
PACCAR Savings Investment Plan (SIP), dividend, Other acquisition or disposition
3 terms
PACCAR Savings Investment Plan (SIP) financial
"Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP."
dividend financial
"Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP."
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
Other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
FAQ
What did PACCAR (PCAR) Executive Chairman Mark Pigott report on this Form 4?
Mark Pigott reported routine updates to his PACCAR holdings. A dividend in the PACCAR Savings Investment Plan (SIP) was reinvested into 533.671 common shares, and his direct and indirect share balances were updated accordingly.
What are Mark Pigott’s indirect PACCAR (PCAR) holdings after this Form 4?
After this filing, Pigott’s indirect holdings include 175,754.160 PACCAR shares in the Savings Investment Plan (SIP) and 424,920 shares held by his wife and children, reflecting substantial indirect ownership positions.
Does this PACCAR (PCAR) Form 4 show an open-market stock purchase or sale?
The Form 4 does not show an open-market purchase or sale. It records a dividend on PACCAR Savings Investment Plan (SIP) shares being reinvested into additional common stock and updates to existing direct and indirect holdings.