STOCK TITAN

[Form 4] PACCAR INC Insider Trading Activity

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR Inc vice president and general counsel Michael K. Walton reported new equity awards and his updated holdings. On February 6, 2026, he was granted a stock option for 5,674 shares of PACCAR common stock at an exercise price of $127.35 under the Long Term Incentive Plan.

He also received 1,958 stock units (LTIP) valued at $127.35 per unit, which are restricted stock units convertible into common shares on a one-for-one basis upon vesting. Each such award vests in four equal installments starting March 1 following the grant and on January 1 of the next three years. After these transactions, Walton directly holds common stock and multiple option and stock unit positions, including 2,515 common shares directly and 6,675.163 common shares indirectly through the PACCAR Savings Investment Plan, along with previously outstanding stock options and deferred stock units.

Positive

  • None.

Negative

  • None.
Insider WALTON MICHAEL K
Role VICE PRESIDENT/GENERAL COUNSEL
Type Security Shares Price Value
Grant/Award Stock Option 5,674 $0.00 --
Grant/Award Stock Units (LTIP) 1,958 $127.35 $249K
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Units (DCP) -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Option — 5,674 shares (Direct); Stock Units (LTIP) — 3,487 shares (Direct); Stock Units (DCP) — 13,873.98 shares (Direct); Common Stock — 2,515 shares (Direct); Common Stock — 6,675.163 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (1)
  1. Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP). 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. Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years. Share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable conditions.
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*
WALTON MICHAEL K

(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)
VICE PRESIDENT/GENERAL COUNSEL
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 2,515 D
Common Stock 6,675.163 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 $127.35 02/06/2026 A(1) 5,674 01/01/2029 02/06/2036 Common Stock 5,674 (1) 5,674 D
Stock Units (LTIP) (2) 02/06/2026 A(3) 1,958 (2) (2) Common Stock 1,958 $127.35 3,487 D
Stock Option $62.8667 01/01/2025 02/07/2032 Common Stock 1,302 1,302 D
Stock Option $71.95 01/01/2026 02/08/2033 Common Stock 7,918 7,918 D
Stock Option $104.16 01/01/2027 02/05/2034 Common Stock 6,108 6,108 D
Stock Option $109.13 01/01/2028 02/03/2035 Common Stock 5,844 5,844 D
Stock Units (DCP) (4) (4) (4) Common Stock 13,873.98 13,873.98 D
Explanation of Responses:
1. Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
2. 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.
3. Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years.
4. Share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable conditions.
Michael R. Beers, by Power of Attorney 02/06/2026
** 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).
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