PACCAR (PCAR) CEO sells stock after exercising options at $62.87

Rhea-AI Filing Summary

PACCAR Inc’s chief executive officer and director Preston R. Feight reported multiple stock option exercises and related share sales.

On January 30, February 2, and February 3, 2026, he exercised stock options covering 9,258 common shares on each date at an exercise price of $62.8667 per share. After each exercise, he sold 9,258 common shares on the same day at weighted average prices of $122.3923, $123.6495, and $127.4371, respectively, with detailed price ranges noted in the footnotes.

Following these transactions, Feight directly held 244,433 shares of PACCAR common stock and indirectly held 17,481 shares through the PACCAR Savings Investment Plan. He also retained several outstanding stock option grants, including 141,038 options with a $71.95 exercise price, and 30,185 stock units under the Long Term Incentive Plan that are convertible into common stock upon vesting.

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

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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^*

FEIGHT R PRESTON

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		M		9,258	A	$62.8667	253,691	D
Common Stock	01/30/2026		S		9,258	D	$122.3923(1)	244,433	D
Common Stock	02/02/2026		M		9,258	A	$62.8667	253,691	D
Common Stock	02/02/2026		S		9,258	D	$123.6495(2)	244,433	D
Common Stock	02/03/2026		M		9,258	A	$62.8667	253,691	D
Common Stock	02/03/2026		S		9,258	D	$127.4371(3)	244,433	D
Common Stock								17,481	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	$62.8667	01/30/2026		M			9,258	01/01/2025	02/07/2032	Common Stock	9,258	$122.3923(1)	41,907	D
Stock Option	$62.8667	02/02/2026		M			9,258	01/01/2025	02/07/2032	Common Stock	9,258	$123.6495(2)	32,649	D
Stock Option	$62.8667	02/03/2026		M			9,258	01/01/2025	02/07/2032	Common Stock	9,258	$127.4371(3)	23,391	D
Stock Option	$71.95							01/01/2026	02/08/2033	Common Stock	141,038		141,038	D
Stock Option	$104.16							01/01/2027	02/05/2034	Common Stock	104,244		104,244	D
Stock Option	$109.13							01/01/2028	02/03/2035	Common Stock	92,768		92,768	D
Stock Units (LTIP)	(4)							(4)	(4)	Common Stock	30,185		30,185	D

Explanation of Responses:

1. The price shown is a weighted average sale price of shares sold in multiple transactions; the sale prices ranged from 121.1900 to 123.1700 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

2. The price shown is a weighted average sale price of shares sold in multiple transactions; the sale prices ranged from 122.1300 to 124.6300 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

3. The price shown is a weighted average sale price of shares sold in multiple transactions; the sale prices ranged from 125.1000 to 128.3200 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

4. 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	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did PACCAR (PCAR) CEO Preston R. Feight report in this Form 4 filing?

Preston R. Feight reported exercising stock options and selling PACCAR common shares. On three dates in early 2026 he exercised 9,258-share options at $62.8667 and sold equivalent shares the same day at weighted average prices between $122.3923 and $127.4371.

How many PACCAR (PCAR) shares does the CEO own after these transactions?

After the reported transactions, Preston R. Feight directly held 244,433 PACCAR common shares. He also indirectly held 17,481 additional shares through the PACCAR Savings Investment Plan, plus various stock option grants and 30,185 stock units under the Long Term Incentive Plan.

At what prices did the PACCAR (PCAR) CEO sell common stock in this filing?

The CEO sold 9,258 PACCAR common shares on each of three dates at weighted average prices of $122.3923, $123.6495, and $127.4371. Footnotes state each figure reflects multiple trades within price ranges from $121.1900 up to $128.3200 per share.

What stock options did the PACCAR (PCAR) CEO exercise in early 2026?

On January 30, February 2, and February 3, 2026, Preston R. Feight exercised stock options for 9,258 PACCAR common shares on each date. All three exercises used an option exercise price of $62.8667 per share, converting derivative holdings into directly owned common stock before sale.

What long-term incentive awards does PACCAR (PCAR) CEO Preston R. Feight still hold?

He continues to hold multiple stock option grants, including 141,038 options at a $71.95 exercise price, plus other grants with higher exercise prices. He also holds 30,185 stock units under PACCAR’s Long Term Incentive Plan, convertible into common stock on a one-for-one basis after vesting conditions are met.

How are the PACCAR (PCAR) CEO’s indirect holdings reported in this Form 4?

The filing shows 17,481 PACCAR common shares held indirectly for Preston R. Feight through the PACCAR Savings Investment Plan. These shares are listed separately from his 244,433 directly owned shares, clarifying the distinction between direct personal ownership and plan-based beneficial ownership.