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PACCAR (PCAR) director updates 23K deferred stock units via dividend reinvestment

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR INC director Alison J. Carnwath reported an administrative update to her deferred stock holdings. On the reporting date, a dividend on existing restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors was reinvested, adding 70.2123 stock units at a reference value of $114.38 per unit. These restricted stock units are held in a phantom stock account and are convertible into an equal number of PACCAR common shares after vesting conditions are met. Following this reinvestment, her deferred stock unit balance under the plan is 23,015.5884 units held directly.

Positive

  • None.

Negative

  • None.
Insider CARNWATH ALISON J
Role null
Type Security Shares Price Value
Other Stock Units (RSDCP) 70.212 $114.38 $8K
Holdings After Transaction: Stock Units (RSDCP) — 23,015.588 shares (Direct, null)
Footnotes (1)
  1. 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. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Additional stock units 70.2123 units Dividend reinvestment on restricted stock units
Reference unit value $114.38 per unit Notional value used in the transaction entry
Post-transaction unit balance 23,015.5884 units Deferred phantom stock account after transaction
Conversion ratio 1-for-1 Each restricted stock unit to PACCAR common share upon vesting
Transaction date 2026-06-03 Date of the reported deferred stock unit adjustment
Restricted Stock and Deferred Compensation Plan financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
deferred phantom stock account financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
restricted stock units financial
"Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units"
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.
dividend reinvested financial
"Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units"
non-Employee Directors financial
"PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
CARNWATH ALISON J
(Last)(First)(Middle)
777 - 106TH AVE. N.E.
(Street)
BELLEVUE WASHINGTON 98004
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units (RSDCP)(1)06/03/2026J(2)70.2123 (1) (1)Common Stock70.2123$114.3823,015.5884D
Explanation of Responses:
1. 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.
2. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Michael R. Beers, by Power of Attorney06/05/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PACCAR (PCAR) director Alison Carnwath report?

Alison Carnwath reported an administrative adjustment in her deferred stock units. A dividend on existing restricted stock units was reinvested into 70.2123 additional stock units under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors.

How many PACCAR (PCAR) stock units were added in this Form 4 filing?

The filing shows 70.2123 additional stock units credited. These units result from dividends on previously granted restricted stock units being reinvested into more units within the deferred phantom stock account for non-employee directors.

What is the reference price for the new PACCAR (PCAR) stock units?

The new stock units are shown at a reference value of $114.38 per unit. This figure helps calculate the notional value of the dividend reinvestment within the deferred phantom stock account, rather than indicating an open-market trade price.

What is Alison Carnwath’s PACCAR (PCAR) deferred stock unit balance after the transaction?

After the dividend reinvestment, Alison Carnwath’s reported balance under the plan is 23,015.5884 stock units. These units are held directly in a deferred phantom stock account and are linked 1-for-1 to PACCAR common shares upon vesting and conversion.

Is this PACCAR (PCAR) Form 4 an open-market stock purchase or sale?

The transaction is not an open-market buy or sell. It reflects reinvestment of dividends into additional restricted stock units within a deferred compensation and restricted stock plan for non-employee directors, classified as an “other” type transaction.

How are PACCAR (PCAR) restricted stock units under the RSDCP settled?

The restricted stock units are held in a deferred phantom stock account and convert into PACCAR common stock on a 1-for-1 basis. Conversion occurs once all applicable vesting and plan conditions under the Restricted Stock and Deferred Compensation Plan are satisfied.