PACCAR (NASDAQ: PCAR) VP details dividend reinvestment, option holdings
Rhea-AI Filing Summary
PACCAR Inc vice president and general counsel Michael K. Walton reported routine equity activity in a Form 4. On January 7, 2026, dividends were reinvested into 79.208 shares of PACCAR common stock at $115.3 per share through the PACCAR Savings Investment Plan (SIP), bringing his indirectly held SIP balance to 6,675.163 shares. He also reported a dividend reinvestment of 166.441 stock units in a deferred phantom stock account under the PACCAR Deferred Compensation Plan (DCP) at $115.3 per unit, for a new total of 13,873.98 DCP stock units.
The filing updates his existing stock option holdings, showing options on 1,302, 7,918, 6,108, and 5,844 shares at stated exercise prices and vesting/expiration dates, and 1,529 restricted stock units under a Long Term Incentive Plan, all convertible to common stock on a one-for-one basis upon applicable conditions.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units (DCP) | 166.441 | $115.30 | $19K |
| Other | Common Stock | 79.208 | $115.30 | $9K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP. Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d). 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. Dividend on share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) reinvested pursuant to DCP. 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.
FAQ
What does PACCAR (PCAR) VP Michael Walton report in this Form 4?
The Form 4 shows Michael K. Walton, PACCAR’s vice president and general counsel, reporting dividend reinvestments into common stock through the PACCAR Savings Investment Plan (SIP) and into deferred stock units under the Deferred Compensation Plan (DCP), along with an updated snapshot of his stock option and restricted stock unit holdings.
What deferred stock units did PACCAR (PCAR) executive Michael Walton acquire?
On January 7, 2026, 166.441 stock units were credited to a deferred phantom stock account under the PACCAR Deferred Compensation Plan (DCP) at $115.3 per unit, bringing his total DCP stock units to 13,873.98, each convertible to one share of common stock upon satisfaction of plan conditions.
Are the PACCAR (PCAR) stock units and restricted stock units convertible into common stock?
Yes. The Form 4 notes that DCP stock units and restricted stock units under the Long Term Incentive Plan (LTIP) are held in deferred phantom stock accounts and are convertible to PACCAR common stock on a one-for-one basis, subject to applicable vesting or other plan conditions.
What stock option positions does the PACCAR (PCAR) Form 4 disclose for Michael Walton?
The filing lists stock options held directly by Michael Walton covering 1,302, 7,918, 6,108, and 5,844 shares of PACCAR common stock at stated exercise prices and with specific exercisable and expiration dates. These entries update existing holdings rather than report new option grants or exercises.
How much PACCAR (PCAR) common stock does Michael Walton hold directly versus through the SIP?
According to the Form 4, Michael Walton holds 2,515 shares of PACCAR common stock directly and 6,675.163 shares indirectly through the PACCAR Savings Investment Plan (SIP), reflecting his beneficial ownership in each category after the reported dividend reinvestment.