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PACCAR (PCAR) director adds deferred stock units from dividends

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR director Sreeganesh Ramaswamy reported dividend-equivalent stock unit credits rather than open-market trades. On June 3, 2026, dividends on existing holdings in the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) were reinvested into an additional 41.1208 stock units credited to his RSDCP phantom stock account and 32.1820 restricted stock units.

After these plan-related adjustments, he holds 13,479.3942 stock units in the RSDCP phantom stock account and 10,549.2487 restricted stock units. These phantom and restricted stock units are convertible into PACCAR common stock on a 1-for-1 basis upon termination of service or satisfaction of vesting conditions, so they represent deferred, plan-based equity compensation rather than immediate cash transactions.

Positive

  • None.

Negative

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Insider RAMASWAMY SREEGANESH
Role null
Type Security Shares Price Value
Other Stock Units 32.182 $114.38 $4K
Other Stock Units (RSDCP) 41.121 $114.38 $5K
Holdings After Transaction: Stock Units — 10,549.249 shares (Direct, null); Stock Units (RSDCP) — 13,479.394 shares (Direct, null)
Footnotes (1)
  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.
Dividend stock units (RSDCP) 41.1208 units Dividend reinvestment on June 3, 2026 in RSDCP phantom account
Dividend restricted stock units 32.1820 units Dividend reinvestment on June 3, 2026 into restricted stock units
RSDCP stock units after transaction 13,479.3942 units Total stock units in RSDCP phantom stock account after adjustments
Restricted stock units after transaction 10,549.2487 units Total restricted stock units following dividend reinvestment
Reference price per unit $114.38 per unit Price used for both stock unit and restricted stock unit credits
PACCAR 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 in additional stock units financial
"Dividend on stock units held in phantom stock account ... reinvested in additional stock units"
dividend reinvested in additional restricted stock units financial
"Dividend on restricted stock units ... reinvested in additional restricted stock units pursuant to RSDCP"
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Form 4 Insider Transactions: What Each Field Means →
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)
06/03/2026		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)06/03/2026J(2)32.182 (1) (1)Common Stock32.182$114.3810,549.2487D
Stock Units (RSDCP)(3)06/03/2026J(4)41.1208 (3) (3)Common Stock41.1208$114.3813,479.3942D
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 Attorney06/05/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did PACCAR (PCAR) director Sreeganesh Ramaswamy report in this Form 4?

He reported dividend-equivalent stock unit credits under PACCAR’s RSDCP, not open-market trades. Dividends on existing phantom and restricted stock units were reinvested into additional units in his deferred compensation accounts.

How many additional PACCAR stock units did the director receive from dividends?

Dividend reinvestment added 41.1208 stock units in the RSDCP phantom stock account and 32.1820 restricted stock units. Both sets of units track PACCAR common stock value and were credited at a reference price of $114.38 per unit.

What are PACCAR RSDCP stock units and how are they settled?

RSDCP stock units are deferred phantom stock credits for non-employee directors, linked 1-for-1 to PACCAR common stock. They convert into common shares only when the director’s non-employee board service ends, providing deferred equity-based compensation instead of immediate shares.

What are the director’s PACCAR stock unit balances after these transactions?

After the dividend-related credits, he holds 13,479.3942 stock units in his RSDCP phantom stock account and 10,549.2487 restricted stock units. Both positions represent deferred rights tied to PACCAR common stock, subject to termination or vesting conditions.

Does this PACCAR Form 4 show any insider buying or selling in the market?

The filing shows no open-market buying or selling of PACCAR common stock. Both reported entries use transaction code J, reflecting other plan-related adjustments from dividend reinvestment into additional phantom and restricted stock units.