Dividend reinvestment lifts PACCAR (PCAR) CTO’s SIP and option holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR INC vice president and chief technology officer John N. Rich reported updated share and award holdings, with no open‑market buys or sells. The only transaction was a small “other” entry: 4.018 shares of common stock credited at $114.38 per share through dividend reinvestment in the PACCAR Savings Investment Plan (SIP), bringing his indirect SIP balance to 1,323.239 shares.
Rich now directly holds 8,127 shares of PACCAR common stock. He also has deferred stock units under the Long Term Incentive Plan representing 6,842 underlying common shares, plus several stock option grants: 22,800 shares at $127.35, 14,642 at $109.13, 13,164 at $104.16, 11,944 at $71.95, and 11,574 at $62.8667 per share, with expirations between 2032 and 2036. These positions show his ongoing equity exposure rather than a change in directional view.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Rich John N
Role
V.P. & CHIEF TECH. OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 4.018 | $114.38 | $459.58 |
| 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 — 1,323.239 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Stock Option — 11,574 shares (Direct, null);
Stock Units (LTIP) — 6,842 shares (Direct, null);
Common Stock — 8,127 shares (Direct, null)
Footnotes (1)
- Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP. 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: 4.018 shares at $114.38
Indirect SIP holdings: 1,323.239 shares
Direct common stock: 8,127 shares
+3 more
6 metrics
SIP dividend reinvestment
4.018 shares at $114.38
Common Stock via PACCAR Savings Investment Plan (SIP)
Indirect SIP holdings
1,323.239 shares
Common Stock held by PACCAR Savings Investment Plan after reinvestment
Direct common stock
8,127 shares
Common Stock held directly after reported transactions
LTIP stock units
6,842 underlying shares
Stock Units (LTIP) convertible to common stock one-for-one
Stock option grant 1
22,800 shares at $127.35
Stock Option on common stock, expiration 2036-02-06
Stock option grant 2
11,574 shares at $62.8667
Stock Option on common stock, expiration 2032-02-07
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 Option financial
"Stock Option on Common Stock with exercise prices between 62.8667 and 127.3500"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
What did PACCAR (PCAR) executive John N. Rich report in this Form 4?
John N. Rich reported updated equity holdings, not an active trade. The filing shows a small SIP dividend reinvestment and his current common stock, deferred stock units, and stock option positions as of the reported date.
What long-term incentive awards does PACCAR (PCAR) CTO John N. Rich have outstanding?
He has 6,842 stock units under the Long Term Incentive Plan, convertible one‑for‑one into common stock upon vesting. He also holds several stock option grants covering tens of thousands of shares at exercise prices between about $62.87 and $127.35.
What does the PACCAR Savings Investment Plan (SIP) transaction mean for PCAR investors?
The SIP entry reflects 4.018 shares added through dividend reinvestment, a routine plan mechanism. It modestly increases Rich’s indirect holdings and does not represent a discretionary open‑market decision to buy or sell PACCAR stock.
How significant are John N. Rich’s remaining stock options in PACCAR (PCAR)?
He retains multiple stock option grants, including 22,800 shares at $127.35 and 11,574 shares at $62.8667. These options provide future potential ownership if exercised before expirations between 2032 and 2036, illustrating ongoing equity-linked compensation.