PACCAR director gets stock units via dividends
PACCAR director Sreeganesh Ramaswamy reported dividend-equivalent stock unit credits rather than open-market trades.
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
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 32.182 | $114.38 | $4K |
| Other | Stock Units (RSDCP) | 41.1208 | $114.38 | $5K |
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
Key Terms
PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) financial
deferred phantom stock account financial
restricted stock units financial
dividend reinvested in additional stock units financial
dividend reinvested in additional restricted stock units financial
FAQ
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What did PACCAR (PCAR) director Sreeganesh Ramaswamy report in this Form 4?
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What are PACCAR RSDCP stock units and how are they settled?
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