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PACCAR (PCAR) director adds deferred and restricted stock units via plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR Inc director Pretti Luiz Antonio Dos Santos reported routine changes in deferred equity holdings. On January 7, 2026, he acquired 14.0574 stock units at $115.3 per unit in a deferred phantom stock account under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors, bringing that stock unit balance to 1,362.2667 units. These stock units are convertible into PACCAR common stock on a 1-for-1 basis when his non-employee director service ends.

On the same date, he also acquired 31.7802 stock units (RSDCP) at $115.3 per unit linked to restricted stock units, increasing that balance to 4,218.1058 units. Footnotes explain these changes primarily reflect dividends reinvested into additional stock units and restricted stock units under the plan, rather than open-market purchases or sales.

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Insider Pretti Luiz Antonio Dos Santos
Role Director
Type Security Shares Price Value
Other Stock Units 14.057 $115.30 $2K
Other Stock Units (RSDCP) 31.78 $115.30 $4K
Holdings After Transaction: Stock Units — 1,362.267 shares (Direct); Stock Units (RSDCP) — 4,218.106 shares (Direct)
Footnotes (1)
  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. Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) reinvested in additional stock units pursuant to RSDCP. 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. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Form 4 Insider Transactions: What Each Field Means →
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 WA 98004
(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Units (1) 01/07/2026 J(2) 14.0574 (1) (1) Common Stock 14.0574 $115.3 1,362.2667 D
Stock Units (RSDCP) (3) 01/07/2026 J(4) 31.7802 (3) (3) Common Stock 31.7802 $115.3 4,218.1058 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. Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) reinvested in additional stock units pursuant to 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.
4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Michael R. Beers, by Power of Attorney 01/08/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did PACCAR (PCAR) disclose in this Form 4?

The filing shows director Pretti Luiz Antonio Dos Santos received additional deferred stock units and restricted stock units under a PACCAR plan for non-employee directors on January 7, 2026.

How many PACCAR stock units did the director acquire on January 7, 2026?

He acquired 14.0574 stock units and 31.7802 stock units (RSDCP), each at a reference price of $115.3 per unit.

What are the directors PACCAR stock unit balances after these transactions?

Following the transactions, the director beneficially owns 1,362.2667 stock units in one phantom stock account and 4,218.1058 stock units (RSDCP) tied to restricted stock units.

Are these PACCAR stock units directly convertible into common stock?

Footnotes state the stock units are convertible into PACCAR common stock on a 1-for-1 basis upon termination of his non-employee director status, and the restricted stock units are convertible 1-for-1 after vesting conditions are met.

Do the PACCAR Form 4 transactions reflect dividend reinvestment?

Yes. Footnotes explain that dividends on existing stock units and restricted stock units were reinvested in additional units under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP).

Is this PACCAR Form 4 transaction a direct open-market trade by the director?

No. The transactions involve phantom stock and restricted stock units in a deferred compensation plan, with additional units credited mainly through dividend reinvestment, rather than market purchases or sales.