PACCAR (NASDAQ: PCAR) VP granted new options and LTIP stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR Inc vice president Craig R. Gryniewicz reported new equity awards and existing holdings. On February 6, 2026, he was granted 8,014 stock options with an exercise price of $127.35 under the PACCAR Long Term Incentive Plan.
He also received 2,532 stock units under the same plan, referenced at $127.35 per unit and convertible into common stock on a one-for-one basis as vesting conditions are met. After these awards, he holds PACCAR common stock directly and through the PACCAR Savings Investment Plan, along with several prior option grants with exercise prices between $62.8667 and $109.13.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Gryniewicz Craig R
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 8,014 | $0.00 | -- |
| Grant/Award | Stock Units (LTIP) | 2,532 | $127.35 | $322K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 8,014 shares (Direct);
Stock Units (LTIP) — 4,260 shares (Direct);
Common Stock — 5,851 shares (Direct);
Common Stock — 7,392.728 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (1)
- Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP). 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. Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years.
FAQ
What insider equity awards did PACCAR (PCAR) report for Craig R. Gryniewicz?
PACCAR reported new stock options and stock units for vice president Craig R. Gryniewicz. On February 6, 2026, he received 8,014 stock options at a $127.35 exercise price and 2,532 stock units under the Long Term Incentive Plan, both linked to PACCAR common stock.
What are the terms of the new PACCAR stock options granted on February 6, 2026?
The new PACCAR stock options have a $127.35 exercise price and cover 8,014 shares. They were granted under the PACCAR Long Term Incentive Plan, are exercisable beginning January 1, 2029, and expire on February 6, 2036, providing long-dated potential exposure to PACCAR common stock.
How do PACCAR LTIP stock units for Craig R. Gryniewicz vest and convert?
The PACCAR LTIP stock units convert one-for-one into common stock upon vesting. The 2,532 restricted stock units awarded on February 6, 2026 vest in four equal installments, starting March 1 following the award, then on January 1 of the next three years, subject to applicable vesting conditions.
What PACCAR common stock does Craig R. Gryniewicz hold after the reported transactions?
After the reported awards, he holds PACCAR common stock both directly and through a savings plan. The filing shows 5,851 shares held directly and 7,392.728 shares held indirectly through the PACCAR Savings Investment Plan, in addition to his derivative holdings such as options and stock units.
What existing PACCAR stock options does Craig R. Gryniewicz hold besides the new grant?
He holds several prior PACCAR stock option grants at lower exercise prices. These include options with exercise prices of $62.8667, $71.95, $104.16, and $109.13, covering 8,832, 9,016, 6,872, and 8,636 underlying shares of PACCAR common stock, respectively, with varying exercisability and expiration dates.
Under which plan were the PACCAR options and stock units for Craig R. Gryniewicz issued?
All reported options and stock units were issued under the PACCAR Long Term Incentive Plan (LTIP). The stock options provide the right to buy PACCAR common shares, while the restricted stock units are deferred phantom stock that convert to common stock one-for-one when vesting conditions are satisfied.