PACCAR director updates deferred stock unit holdings
PACCAR Inc director Pierre R. Breber reported updated equity holdings, reflecting routine deferred compensation activity rather than open-market trading.
Rhea-AI Filing Summary
PACCAR Inc director Pierre R. Breber reported updated equity holdings, reflecting routine deferred compensation activity rather than open-market trading. He now directly holds 13,015 shares of PACCAR common stock. In addition, he holds stock units in deferred phantom stock accounts under the PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
The filing shows an "other" derivative transaction involving 412.4051 stock units at a reference price of $121.24 per unit, classified as a restructuring entry. After this adjustment, Breber holds 4,036.2000 stock units in one deferred account and 4,188.6652 stock units in another RSDCP phantom stock account, each convertible into PACCAR common stock on a 1-for-1 basis upon termination or vesting, as applicable.
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Insider Trade Summary
Other: 412.4051 shares
Other
3 txns
Insider
Breber Pierre R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 412.4051 | $121.24 | $50K |
| holding | Stock Units (RSDCP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 4,036.2 contracts (Direct);
Stock Units (RSDCP) — 4,188.6652 contracts (Direct);
Common Stock — 13,015 shares (Direct)
Footnotes (3)
- 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. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (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.
Key Figures
Direct common stock holdings: 13,015 shares
RSDCP stock units balance: 4,188.6652 stock units
Restructured stock units: 412.4051 stock units
+3 more
6 metrics
Direct common stock holdings
13,015 shares
Total shares of PACCAR common stock directly held after reported transactions
RSDCP stock units balance
4,188.6652 stock units
Stock Units (RSDCP) in deferred phantom stock account tied to common stock
Restructured stock units
412.4051 stock units
Stock Units derivative transaction coded as other acquisition or disposition
Reference price per stock unit
$121.24 per unit
Transaction price per unit for 412.4051 stock units
Stock units after restructuring
4,036.2000 stock units
Total Stock Units remaining in one deferred account following J-code transaction
Exercise price of stock units
$0.00
Conversion or exercise price for Stock Units (RSDCP) into common stock
Key Terms
Stock Units (RSDCP), deferred phantom stock account, Restricted Stock and Deferred Compensation Plan for non-Employee Directors, phantom stock account, +1 more
5 terms
Stock Units (RSDCP) financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
deferred phantom stock account financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors"
Restricted Stock and Deferred Compensation Plan for non-Employee Directors financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
phantom stock account financial
"Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors"
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PACCAR (PCAR) director Pierre R. Breber report in this Form 4?
Pierre R. Breber reported updated holdings in PACCAR equity, including common stock and deferred stock units. The filing reflects compensation-related and restructuring entries in stock unit accounts, rather than open-market buying or selling of PACCAR shares.
What are the deferred stock units reported for PACCAR (PCAR) director Pierre R. Breber?
Breber holds stock units in PACCAR’s Restricted Stock and Deferred Compensation Plan for Non-Employee Directors. These are phantom stock units that track PACCAR shares and are generally convertible to common stock on a 1-for-1 basis upon termination or vesting.
What is the 412.4051 stock unit transaction in the PACCAR (PCAR) Form 4?
The filing shows a derivative transaction of 412.4051 stock units at a reference price of $121.24 per unit, coded as an "other" transaction. It is categorized as a restructuring entry, not an open-market purchase or sale of PACCAR shares.
How many stock units does Pierre R. Breber hold in PACCAR (PCAR) deferred plans after the restructuring?
Following the reported restructuring, Breber holds 4,036.2000 stock units in one account and 4,188.6652 stock units in a PACCAR RSDCP phantom stock account. Both positions represent deferred compensation tied to future conversion into PACCAR common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
