PACCAR director acquires 222 stock units via dividends
PACCAR director Kirk S. Hachigian added dividend-reinvested restricted stock units under a deferred compensation plan, bringing his reported plan holdings to 77,643.389 units.
Rhea-AI Filing Summary
PACCAR INC (PCAR) director Kirk S. Hachigian reported an acquisition of 221.8745 stock units on September 2, 2026 in the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors. The units, held in a deferred phantom stock account, reflect dividends reinvested into additional restricted stock units and are convertible into common stock on a 1-for-1 basis upon vesting. After this transaction, he holds 77,643.389 stock units directly under this plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 221.8745 shares
Other
1 txn
Insider
HACHIGIAN KIRK S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units (RSDCP) F1, F2 | 221.8745 | $122.13 | $27K |
Holdings After Transaction:
Stock Units (RSDCP) — 77,643.389 contracts (Direct)
Footnotes (2)
- F1. 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.
- F2. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Key Figures
Stock units acquired: 221.8745 units
Reference value per unit: $122.13 per unit
Total stock units after transaction: 77,643.389 units
+2 more
5 metrics
Stock units acquired
221.8745 units
Restricted stock units credited on September 2, 2026 via dividend reinvestment
Reference value per unit
$122.13 per unit
Price field associated with the 221.8745 stock units acquired
Total stock units after transaction
77,643.389 units
Restricted stock units held directly under PACCAR RSDCP after the transaction
Underlying common shares per unit
1 share per unit
Restricted stock units convertible to PACCAR common stock on a 1-for-1 basis upon vesting
Transactions acquiring units
1 transaction
Single derivative acquisition (other transaction) reported on this Form 4
Key Terms
Restricted stock units, Deferred phantom stock account, Deferred Compensation Plan, Dividend reinvested
4 terms
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"
Deferred Compensation Plan financial
"Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Dividend reinvested financial
"Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan reinvested"
FAQ
What insider transaction did PACCAR (PCAR) report for Kirk S. Hachigian?
PACCAR reported that director Kirk S. Hachigian acquired 221.8745 stock units on September 2, 2026 under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors, through the reinvestment of dividends into additional restricted stock units.
How many PACCAR (PCAR) stock units does Kirk S. Hachigian hold after this Form 4?
Following the reported transaction, Kirk S. Hachigian holds 77,643.389 stock units directly in his deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors.
What is the nature of the stock units reported in this PACCAR (PCAR) Form 4?
The reported holdings are restricted stock units in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan, convertible into PACCAR common stock on a 1-for-1 basis upon satisfaction of applicable vesting conditions.
How were the additional PACCAR (PCAR) restricted stock units created in this filing?
The additional 221.8745 restricted stock units resulted from a dividend on existing restricted stock units that was reinvested in additional units pursuant to PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors.
Was the PACCAR (PCAR) insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for this transaction; the document-level checkbox for trades under a trading plan is explicitly unchecked.
What reference value per unit is associated with the new PACCAR (PCAR) stock units?
The transaction references a value of $122.13 per stock unit for the 221.8745 units credited on September 2, 2026, in connection with the dividend reinvestment under the deferred compensation plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
