PACCAR (PCAR) director logs dividend reinvestment into deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR INC director Luiz Antonio Dos Santos Pretti reported routine adjustments to deferred stock units, with no open-market buying or selling. Two transactions on Stock Units under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors reflect dividends being reinvested into additional phantom stock units.
One entry added 12.9414 Stock Units (RSDCP) at a reference price of $114.38, bringing that RSDCP balance to 4,242.1901 units. Another added 4.7322 Stock Units at the same price, increasing that balance to 1,551.2181 units. These phantom units are convertible into PACCAR common stock on a 1-for-1 basis upon termination or vesting, as applicable.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pretti Luiz Antonio Dos Santos
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 4.732 | $114.38 | $541.27 |
| Other | Stock Units (RSDCP) | 12.941 | $114.38 | $1K |
Holdings After Transaction:
Stock Units — 1,551.218 shares (Direct, null);
Stock Units (RSDCP) — 4,242.19 shares (Direct, null)
Footnotes (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.
Key Figures
RSDCP stock units added: 12.9414 units
Additional stock units added: 4.7322 units
RSDCP units after transaction: 4,242.1901 units
+2 more
5 metrics
RSDCP stock units added
12.9414 units
Dividend reinvestment transaction on Stock Units (RSDCP) at $114.38
Additional stock units added
4.7322 units
Dividend reinvestment transaction on Stock Units at $114.38
RSDCP units after transaction
4,242.1901 units
Stock Units (RSDCP) balance following June 3, 2026 transaction
Stock units after transaction
1,551.2181 units
Stock Units balance following June 3, 2026 transaction
Reference price per unit
$114.38 per unit
Price used for both J-code stock unit transactions
Key Terms
Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP), deferred phantom stock account, restricted stock units, dividend reinvested, +1 more
5 terms
Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock"
deferred phantom stock account financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
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.
dividend reinvested financial
"Dividend on stock units held in phantom stock account ... reinvested in additional stock units"
J-code transaction financial
"transaction_code": "J","transaction_type": "derivative""
FAQ
What insider activity did PACCAR (PCAR) report in this Form 4?
PACCAR reported routine adjustments to director Luiz Antonio Dos Santos Pretti’s deferred stock units. Two J-code transactions reflect dividends reinvested into additional phantom stock units, with no open-market share purchases or sales disclosed in this filing.
How many PACCAR stock units were adjusted for Luiz Antonio Dos Santos Pretti?
The Form 4 shows adjustments of 12.9414 and 4.7322 stock units. These were recorded as “other” J-code derivative transactions tied to PACCAR’s deferred compensation and restricted stock unit programs for non-employee directors.
What are PACCAR RSDCP stock units held by the director?
The RSDCP stock units are phantom stock in a deferred compensation plan for non-employee directors. They track PACCAR common stock and convert into shares on a 1-for-1 basis upon the director’s termination as a non-employee director or meeting vesting conditions.
Did the PACCAR director buy or sell common stock in the market?
The filing does not show any open-market purchases or sales of PACCAR common stock. Instead, it records derivative “J” transactions where dividends on existing stock units were reinvested into additional phantom stock and restricted stock units under the company’s plan.
What are the director’s PACCAR stock unit balances after these transactions?
After the transactions, the director holds 4,242.1901 RSDCP stock units and 1,551.2181 stock units. Both categories are phantom or restricted units that are ultimately convertible into PACCAR common stock on a 1-for-1 basis subject to plan terms.