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PACCAR (PCAR) director adds restricted stock units via dividend reinvestment

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

Rhea-AI Filing Summary

PACCAR INC director Barbara B. Hulit reported a routine update to her deferred restricted stock units. On the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors (RSDCP), a dividend on existing units was reinvested, crediting 21.3604 additional restricted stock units valued at $114.38 per unit.

After this reinvestment, Hulit directly holds a total of 7,001.9338 restricted stock units in the plan. These units are maintained in a deferred phantom stock account and are convertible into PACCAR common stock on a 1-for-1 basis once all applicable vesting conditions are satisfied.

Positive

  • None.

Negative

  • None.
Insider Hulit Barbara B.
Role null
Type Security Shares Price Value
Other Stock Units (RSDCP) 21.36 $114.38 $2K
Holdings After Transaction: Stock Units (RSDCP) — 7,001.934 shares (Direct, null)
Footnotes (1)
  1. 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.
Additional restricted stock units 21.3604 units Dividend reinvestment under RSDCP on Stock Units (RSDCP)
Reference price per unit $114.38 per unit Value used for Stock Units (RSDCP) transaction
Total units after transaction 7,001.9338 units Restricted stock units held directly after dividend reinvestment
Underlying common stock 21.3604 shares Common stock equivalent for the new restricted stock units
Conversion ratio 1-for-1 Restricted stock units to PACCAR common stock upon vesting
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.
Deferred phantom stock account financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
Restricted Stock and Deferred Compensation Plan financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
RSDCP financial
"Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested"
Dividend reinvested financial
"Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units"
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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*
Hulit Barbara B.
(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 (RSDCP)(1)06/03/2026J(2)21.3604 (1) (1)Common Stock21.3604$114.387,001.9338D
Explanation of Responses:
1. 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.
2. 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 insider transaction did PACCAR (PCAR) director Barbara Hulit report?

Director Barbara Hulit reported a routine adjustment to deferred restricted stock units. A dividend on her existing units under PACCAR’s RSDCP was reinvested, crediting 21.3604 additional stock units rather than cash, keeping her exposure entirely within the plan.

How many PACCAR restricted stock units were added in this Form 4 filing?

The filing shows 21.3604 additional restricted stock units credited. These resulted from dividends on previously held units being reinvested under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors, rather than being paid out in cash.

What is Barbara Hulit’s total PACCAR restricted stock unit balance after the transaction?

Following the transaction, Barbara Hulit directly holds 7,001.9338 restricted stock units. These units sit in a deferred phantom stock account under the RSDCP and are designed to convert into PACCAR common stock on a 1-for-1 basis after vesting conditions are met.

What is the PACCAR RSDCP mentioned in Barbara Hulit’s Form 4?

The PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) for non-employee directors is a program where directors receive restricted stock units in a deferred phantom stock account, which later convert into PACCAR common stock on a 1-for-1 basis once all vesting and plan conditions are satisfied.

How were PACCAR dividends treated in this director’s restricted stock account?

Dividends on Barbara Hulit’s restricted stock units were reinvested into additional restricted stock units. Under the RSDCP, these cash dividends are automatically converted into more units, increasing her phantom stock balance rather than paying cash directly.

Does this PACCAR Form 4 indicate a stock purchase or sale by the director?

The Form 4 reflects an “other” transaction, not an open-market purchase or sale. It records dividend reinvestment into 21.3604 additional restricted stock units within the deferred compensation plan, keeping the activity entirely inside the RSDCP structure rather than the open market.