PACCAR EVP reports holdings, dividend reinvested
PACCAR Executive Vice President Kevin D. Baney reported updated equity holdings in a Form 4.
Rhea-AI Filing Summary
PACCAR Executive Vice President Kevin D. Baney reported updated equity holdings in a Form 4. The only new economic activity is a small dividend reinvestment in the PACCAR Savings Investment Plan (SIP), where 18.387 shares of common stock were credited at $114.38 per share, bringing his indirect SIP balance to 6,055.548 shares.
Separately, Baney reports 13,644 shares of common stock held directly. He also holds 8,507 stock units in a deferred phantom stock account under the Long Term Incentive Plan (LTIP), convertible into common stock on a one-for-one basis upon vesting, plus multiple stock option grants with exercise prices between $61.26 and $127.35 expiring between 2031 and 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 18.387 shares
Other
9 txns
Insider
BANEY KEVIN D
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 18.387 | $114.38 | $2K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,055.548 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Stock Option — 95,801 contracts (Direct);
Stock Units (LTIP) — 8,507 contracts (Direct);
Common Stock — 13,644 shares (Direct)
Footnotes (2)
- F1. Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP.
- F2. 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.
Key Figures
SIP dividend reinvestment: 18.387 shares at $114.38
Indirect SIP holdings: 6,055.548 shares
Direct common stock: 13,644 shares
+5 more
8 metrics
SIP dividend reinvestment
18.387 shares at $114.38
Dividend on PACCAR Savings Investment Plan shares reinvested
Indirect SIP holdings
6,055.548 shares
Common stock held via PACCAR Savings Investment Plan after reinvestment
Direct common stock
13,644 shares
Common stock held directly following reported transactions
LTIP stock units
8,507 units
Restricted stock units in deferred phantom stock account, 1:1 to common
Stock option grant 1
26,086 underlying shares at $127.35
Stock option on common stock expiring 2036-02-06
Stock option grant 2
23,502 underlying shares at $109.13
Stock option on common stock expiring 2035-02-03
Stock option grant 3
12,742 underlying shares at $104.16
Stock option on common stock expiring 2034-02-05
Stock option grant 4
11,118 underlying shares at $61.26
Stock option on common stock expiring 2031-02-02
Key Terms
PACCAR Savings Investment Plan (SIP), Long Term Incentive Plan (LTIP), deferred phantom stock account, restricted stock units, +1 more
5 terms
PACCAR Savings Investment Plan (SIP) financial
"Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP."
Long Term Incentive Plan (LTIP) financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
deferred phantom stock account financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
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.
Stock Units (LTIP) financial
"Stock Units (LTIP) convertible to common stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PACCAR EVP Kevin D. Baney report in this Form 4 for PCAR?
Kevin D. Baney reported updated PACCAR equity holdings, including direct common shares, indirect shares in the Savings Investment Plan, LTIP stock units, and several stock option grants. The filing mainly reflects position detail rather than a significant new market transaction.
What is the dividend reinvestment transaction reported for PACCAR (PCAR)?
The filing shows a dividend on PACCAR Savings Investment Plan shares was reinvested, adding 18.387 common shares at $114.38 per share. This reinvestment increased the SIP balance to 6,055.548 shares, held indirectly for Kevin D. Baney under the company plan.
What PACCAR LTIP stock units does Kevin D. Baney hold according to the Form 4?
Kevin D. Baney holds 8,507 stock units under PACCAR’s Long Term Incentive Plan. These are restricted stock units in a deferred phantom stock account, convertible into common stock on a one-for-one basis once all applicable vesting conditions are satisfied, as described in the footnote.
What stock options are reported for Kevin D. Baney in PACCAR (PCAR)?
The filing lists several stock option grants on PACCAR common stock, including 26,086 underlying shares at $127.35, 23,502 at $109.13, 12,742 at $104.16, and three additional blocks with lower exercise prices, expiring between 2031 and 2036.
Are the reported PACCAR transactions open-market buys or sells?
No open-market buys or sells are shown. The only transaction with a share amount is a dividend reinvestment in the PACCAR Savings Investment Plan, coded as an “other acquisition or disposition,” while the remaining entries simply update holdings and outstanding derivative positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
