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

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.

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

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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.
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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.