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.
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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.
Insider Trade Summary
Other: 69.7772 shares
Other
2 txns
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)
- 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.
- 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.
- 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.
- F4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Key Figures
Stock units acquired (deferred phantom account): 31.1480 units
Reference value per stock unit: $122.13 per unit
Deferred phantom stock units after transaction: 10,900.0107 units
+3 more
6 metrics
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
Key Terms
deferred phantom stock account, Restricted Stock and Deferred Compensation Plan, non-Employee Directors, restricted stock units
4 terms
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
