PACCAR (PCAR) CFO exercises 2,200 options and sells matching 2,200 shares

Rhea-AI Filing Summary

PACCAR Inc Sr. Vice President & CFO Brice J. Poplawski reported option exercises and share sales in PACCAR common stock. On 02/02/2026, he exercised 2,200 stock options at an exercise price of $71.95 per share, acquiring the same number of common shares.

That same day, he sold 2,200 common shares at an average price of $123.9901 per share, leaving 903 common shares held directly after the sale and exercise. He also reports 18,193.216 common shares held indirectly through the PACCAR Savings Investment Plan (SIP), plus remaining stock options and long-term incentive stock units.

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

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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^*

Poplawski Brice 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Vice President & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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
Common Stock	02/02/2026		M		2,200	A	$71.95	3,103	D
Common Stock	02/02/2026		S		2,200	D	$123.9901	903	D
Common Stock								18,193.216	I	By PACCAR Savings Investment Plan (SIP)

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 Option	$71.95	02/02/2026		M			2,200	01/01/2026	02/08/2033	Common Stock	2,200	$123.9901	4,170	D
Stock Option	$104.16							01/01/2027	02/05/2034	Common Stock	6,318		6,318	D
Stock Option	$109.13							01/01/2028	02/03/2035	Common Stock	8,012		8,012	D
Stock Units (LTIP)	(1)							(1)	(1)	Common Stock	1,236		1,236	D

Explanation of Responses:

1. Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.

	Michael R. Beers, by Power of Attorney	02/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did PACCAR (PCAR) report for its CFO on February 2, 2026?

PACCAR reported that Sr. Vice President & CFO Brice J. Poplawski exercised 2,200 stock options and sold 2,200 common shares on February 2, 2026. The exercise price was $71.95 per share and the sale price averaged $123.9901 per share.

How many PACCAR (PCAR) shares does the CFO hold directly after this Form 4?

After the reported transactions, PACCAR’s CFO directly holds 903 common shares. This reflects exercising 2,200 stock options and selling 2,200 shares on February 2, 2026, as detailed in the Form 4 filing with the SEC.

What stock option activity did PACCAR (PCAR) disclose for its CFO?

PACCAR disclosed that its CFO exercised 2,200 stock options with a $71.95 exercise price, converting them into 2,200 common shares. After the exercise, 4,170 options from that grant remained outstanding, alongside additional option grants with later expiration dates.

At what price did the PACCAR (PCAR) CFO sell shares in the latest Form 4?

The CFO sold 2,200 PACCAR common shares at an average price of $123.9901 per share. These sales occurred on February 2, 2026, immediately after exercising an equal number of stock options into common stock at a lower exercise price.

What indirect PACCAR (PCAR) holdings does the CFO report in the Form 4?

The Form 4 shows the CFO indirectly holds 18,193.216 PACCAR common shares through the PACCAR Savings Investment Plan (SIP). These indirect plan holdings are reported separately from his directly owned 903 common shares after the February 2, 2026 transactions.

What long-term incentive units does the PACCAR (PCAR) CFO hold?

The CFO reports 1,236 stock units under the Long Term Incentive Plan (LTIP). A footnote explains these restricted stock units are held in a deferred phantom stock account and are convertible into PACCAR common stock on a one-for-one basis once vesting conditions are satisfied.