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PACCAR (PCAR) CFO exercises options and sells 2,200 common shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

PACCAR Sr. Vice President & CFO Brice J. Poplawski exercised stock options for 2,200 shares of common stock on February 12, 2026 at $71.95 per share. He then sold 2,200 common shares the same day at an average price of $130.4101 per share.

After these transactions, he directly held 903 common shares, plus stock options for 6,318, 8,012, and 11,086 shares with future exercisability, and 3,820 stock units under the Long Term Incentive Plan. He also indirectly held 18,193.216 common shares through the PACCAR Savings Investment Plan.

Positive

  • None.

Negative

  • None.
Insider Poplawski Brice J
Role Sr. Vice President & CFO
Sold 2,200 shs ($287K)
Type Security Shares Price Value
Exercise Stock Option 2,200 $130.4101 $287K
Exercise Common Stock 2,200 $71.95 $158K
Sale Common Stock 2,200 $130.4101 $287K
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Units (LTIP) -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Option — 1,970 shares (Direct); Common Stock — 3,103 shares (Direct); Stock Units (LTIP) — 3,820 shares (Direct); Common Stock — 18,193.216 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (1)
  1. [object Object]
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Poplawski Brice J
(Last) (First) (Middle)
777 - 106TH AVE. N.E.
(Street)
BELLEVUE WA 98004
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. Vice President & CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 M 2,200 A $71.95 3,103 D
Common Stock 02/12/2026 S 2,200 D $130.4101 903 D
Common Stock 18,193.216 I By PACCAR Savings Investment Plan (SIP)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $71.95 02/12/2026 M 2,200 01/01/2026 02/08/2033 Common Stock 2,200 $130.4101 1,970 D
Stock Option $104.16 01/01/2027 02/05/2034 Common Stock 6,318 6,318 D
Stock Option $109.13 01/01/2028 02/03/2035 Common Stock 8,012 8,012 D
Stock Option $127.35 01/01/2029 02/06/2036 Common Stock 11,086 11,086 D
Stock Units (LTIP) (1) (1) (1) Common Stock 3,820 3,820 D
Explanation of Responses:
1. 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.
Michael R. Beers, by Power of Attorney 02/12/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PACCAR (PCAR) report for Brice J. Poplawski?

PACCAR reported that Sr. Vice President & CFO Brice J. Poplawski exercised 2,200 stock options and sold 2,200 common shares. Both actions occurred on February 12, 2026, and were disclosed in a Form 4 insider trading report.

At what prices did PACCAR CFO Brice Poplawski exercise and sell shares?

Brice Poplawski exercised 2,200 stock options for common stock at $71.95 per share. He then sold 2,200 common shares at an average price of $130.4101 per share on February 12, 2026, according to the Form 4 filing.

How many PACCAR shares does Brice Poplawski hold after the reported transactions?

After the reported transactions, Brice Poplawski directly held 903 PACCAR common shares. He also indirectly held 18,193.216 common shares through the PACCAR Savings Investment Plan, in addition to multiple outstanding stock option grants and 3,820 stock units under the Long Term Incentive Plan.

What stock options and stock units does PACCAR CFO Brice Poplawski retain?

Brice Poplawski retained stock options for 6,318, 8,012, and 11,086 PACCAR common shares with various future exercisability and expiration dates. He also held 3,820 stock units under the Long Term Incentive Plan, convertible to common stock upon satisfaction of vesting conditions.

How are Brice Poplawski’s indirect PACCAR holdings structured?

Brice Poplawski’s indirect PACCAR holdings consist of 18,193.216 common shares held through the PACCAR Savings Investment Plan. These shares are reported as indirectly owned, reflecting participation in the company’s savings and investment plan rather than direct share ownership.

What does the LTIP stock unit footnote in the PACCAR Form 4 mean?

The footnote explains that the reported stock units are restricted stock units in a deferred phantom stock account under PACCAR’s Long Term Incentive Plan. Each unit is convertible into one share of common stock when all vesting and plan conditions are fully satisfied.