STOCK TITAN

PACCAR director adds 70 stock units via dividends

PACCAR director Sreeganesh Ramaswamy reported dividend reinvestments into deferred and restricted stock units tied to PACCAR common stock.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR Inc (PCAR) director Sreeganesh Ramaswamy reported two acquisitions of stock-based units linked to PACCAR common stock on September 2, 2026. These were dividend reinvestments in deferred phantom and restricted stock units under the non-employee director Restricted Stock and Deferred Compensation Plan, each convertible 1-for-1 into common shares upon the applicable conditions.

Positive

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Insider RAMASWAMY SREEGANESH
Role Director
Type Security Shares Price Value
Other Stock Units F1, F2 31.148 $122.13 $4K
Other Stock Units (RSDCP) F3, F4 38.6292 $122.13 $5K
Holdings After Transaction: Stock Units — 10,900.0107 contracts (Direct); Stock Units (RSDCP) — 13,518.0234 contracts (Direct)
Footnotes (4)
  1. F1. 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. F2. 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. F3. 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. F4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Stock units acquired (deferred phantom account) 31.1480 units Dividend on stock units reinvested on September 2, 2026
Reference value per stock unit $122.13 per unit Both September 2, 2026 stock unit acquisitions
Deferred phantom stock units after transaction 10,900.0107 units Balance following the 31.1480-unit acquisition
Restricted stock units acquired 38.6292 units Dividend on restricted stock units reinvested on September 2, 2026
Restricted stock units after transaction 13,518.0234 units Balance following the 38.6292-unit acquisition
Total units in restructuring transactions 69.7772 units Aggregate stock units across both restructuring-type transactions
deferred phantom stock account financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock"
Restricted Stock and Deferred Compensation Plan financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors"
non-Employee Directors financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted"
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.

FAQ

What insider transactions did PACCAR (PCAR) disclose for Sreeganesh Ramaswamy?

PACCAR reported that director Sreeganesh Ramaswamy acquired additional stock-based units on September 2, 2026 through dividend reinvestments into deferred phantom stock units and restricted stock units under the non-employee director Restricted Stock and Deferred Compensation Plan.

How many PACCAR stock units were acquired in the first Form 4 transaction?

The first transaction shows an acquisition of 31.1480 stock units at a reference value of $122.13 per unit, raising the holding in that stock unit account to 10,900.0107 units, all directly owned and linked 1-for-1 to PACCAR common stock upon termination as a non-employee director.

What was reported in the second PACCAR (PCAR) stock unit transaction?

The second transaction reports an acquisition of 38.6292 restricted stock units at a reference value of $122.13 per unit, increasing that account’s balance to 13,518.0234 units. These units are convertible 1-for-1 into PACCAR common stock once all vesting conditions are satisfied.

What is the source of the additional PACCAR stock units reported?

Both acquisitions result from dividends reinvested in stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors. One relates to dividends on existing stock units, and the other to dividends on restricted stock units, each credited as additional units.

Are the PACCAR (PCAR) stock units immediately convertible into common stock?

The deferred phantom stock units are convertible 1-for-1 into PACCAR common stock upon termination of status as a non-employee director. The restricted stock units are similarly convertible 1-for-1 upon satisfaction of all applicable vesting conditions under the plan.

Was a Rule 10b5-1 trading plan involved in these PACCAR insider transactions?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes describe the acquisitions as dividends reinvested under the Restricted Stock and Deferred Compensation Plan, with no separate trading plan referenced.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
RAMASWAMY SREEGANESH

(Last)(First)(Middle)
777 - 106TH AVE. N.E.

(Street)
BELLEVUE WASHINGTON 98004

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units(1)09/02/2026J(2)31.148 (1) (1)Common Stock31.148$122.1310,900.0107D
Stock Units (RSDCP)(3)09/02/2026J(4)38.6292 (3) (3)Common Stock38.6292$122.1313,518.0234D
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 Attorney09/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)