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PACCAR (NASDAQ: PCAR) director receives 255 RSDCP units via dividend

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

Rhea-AI Filing Summary

PACCAR Inc director Alison J. Carnwath reported an acquisition of derivative equity under the company’s Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP). On January 7, 2026, she acquired 255.718 Stock Units (RSDCP) in a transaction coded “J,” which the footnotes describe as a dividend on existing restricted stock units reinvested into additional units.

Each stock unit in the RSDCP is convertible into PACCAR common stock on a 1-for-1 basis when all vesting conditions are met. Following this dividend reinvestment, Carnwath beneficially owns 22,884.9212 Stock Units (RSDCP), held as a director in a direct ownership capacity under the plan.

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Insider CARNWATH ALISON J
Role Director
Type Security Shares Price Value
Other Stock Units (RSDCP) 255.718 $115.30 $29K
Holdings After Transaction: Stock Units (RSDCP) — 22,884.921 shares (Direct)
Footnotes (1)
  1. 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.
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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*
CARNWATH ALISON J
(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 (RSDCP) (1) 01/07/2026 J(2) 255.718 (1) (1) Common Stock 255.718 $115.3 22,884.9212 D
Explanation of Responses:
1. 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.
2. 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 did PACCAR (PCAR) director Alison J. Carnwath report in this Form 4?

She reported acquiring 255.718 Stock Units (RSDCP) on January 7, 2026 under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-Employee Directors.

How were the 255.718 PACCAR RSDCP stock units received by the director?

The 255.718 Stock Units (RSDCP) were received as a dividend on existing restricted stock units, reinvested into additional units pursuant to the RSDCP.

What is the conversion ratio of PACCAR Stock Units (RSDCP) to common stock?

Each RSDCP restricted stock unit is convertible to PACCAR common stock on a 1-for-1 basis, subject to satisfaction of all applicable vesting conditions.

How many PACCAR RSDCP stock units does Alison J. Carnwath own after this transaction?

After the reported transaction, she beneficially owns 22,884.9212 Stock Units (RSDCP) under the plan.

Is the PACCAR director’s ownership reported as direct or indirect in this Form 4?

The ownership of the 22,884.9212 Stock Units (RSDCP) is reported as direct (D) beneficial ownership.

What does transaction code "J" indicate for this PACCAR Form 4 filing?

Transaction code "J" is used here for an acquisition categorized in the notes as a dividend on restricted stock units reinvested into additional RSDCP units.