PACCAR (PCAR) CEO nets 10,125 shares after RSU vesting and tax withholding

Rhea-AI Filing Summary

PACCAR INC chief executive officer R. Preston Feight reported equity compensation activity involving company stock. On March 1, restricted stock units under the Long Term Incentive Plan were exercised and converted into 10,125 shares of common stock at $0 per share. Footnotes explain these units convert to common stock on a one-for-one basis after vesting conditions are met. On March 2, 3,985 common shares were disposed of at $126.09 per share to cover tax liabilities related to the vesting of restricted shares and/or restricted stock units. After these transactions, Feight directly owned 249,081 common shares and 60,558 stock units (LTIP), with an additional 17,481 common shares held indirectly through the PACCAR Savings Investment Plan.

Insights

Equity compensation and governance analyst

Routine PACCAR CEO equity vesting with tax withholding, no open‑market trading.

The filing shows R. Preston Feight converting vested restricted stock units into 10,125 PACCAR common shares and a related tax-withholding disposition of 3,985 shares at $126.09. Footnotes tie both actions to standard long-term incentive plan vesting mechanics, not discretionary market trades.

Following these transactions, Feight’s direct common stock holdings rose to 249,081 shares, alongside 60,558 stock units and indirect ownership of 17,481 shares via the Savings Investment Plan. The activity appears consistent with ongoing compensation programs rather than a change in investment stance, so the overall impact on investors is neutral.

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)
03/01/2026

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	03/01/2026		M(1)		10,125	A	$0(1)	253,066	D
Common Stock	03/02/2026		F(2)		3,985	D	$126.09	249,081	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 Units (LTIP)	(3)	03/01/2026		M(1)			10,125	(3)	(3)	Common Stock	10,125	(3)	60,558	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 Option	$127.35							01/01/2029	02/06/2036	Common Stock	89,994		89,994	D

Explanation of Responses:

1. Restricted stock units converted to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.

2. Shares withheld for payment of tax liability in connection with the vesting of restricted shares and/or restricted stock units.

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.

	Michael R. Beers, by Power of Attorney	03/02/2026
	** 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 R. Preston Feight report in this Form 4?

R. Preston Feight reported vesting and conversion of restricted stock units into 10,125 PACCAR common shares, plus a 3,985-share tax-withholding disposition at $126.09 per share. These actions reflect routine long-term incentive plan activity, not open-market buying or selling.

How many PACCAR shares were disposed of for taxes by the CEO in this filing?

The filing shows a tax-withholding disposition of 3,985 PACCAR common shares at $126.09 per share. Footnotes state these shares were withheld to pay tax liabilities arising from the vesting of restricted shares and/or restricted stock units, rather than a discretionary market sale.

How many PACCAR shares did the CEO acquire through RSU vesting in this Form 4?

R. Preston Feight acquired 10,125 PACCAR common shares on March 1 through the exercise and conversion of restricted stock units under the Long Term Incentive Plan at $0 per share, reflecting a one-for-one conversion upon satisfaction of vesting conditions described in the footnotes.

What are the PACCAR CEO’s direct and indirect share holdings after these transactions?

After the reported transactions, R. Preston Feight directly held 249,081 PACCAR common shares and 60,558 stock units (LTIP). He also indirectly held 17,481 common shares through the PACCAR Savings Investment Plan, as disclosed in the ownership details of the Form 4.

Are the PACCAR CEO’s reported share transactions open-market buys or sells?

The transactions are not open-market buys or sells. The Form 4 shows RSU conversion to 10,125 common shares and a tax-withholding disposition of 3,985 shares tied to vesting. These actions are part of equity compensation mechanics rather than discretionary trading activity.

What PACCAR long-term incentive details are provided in the CEO’s Form 4 footnotes?

Footnotes explain that restricted stock units awarded under the PACCAR Long Term Incentive Plan convert into common stock on a one-for-one basis after vesting. Each award vests in four equal installments starting March 1 following the award and January 1 of the next three years.