PACCAR director updates deferred stock units
PACCAR INC director Alison J. Carnwath reported an administrative update to her deferred stock holdings.
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.
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Insider Trade Summary
Other: 70.2123 shares
Other
1 txn
Insider
CARNWATH ALISON J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units (RSDCP) | 70.2123 | $114.38 | $8K |
Holdings After Transaction:
Stock Units (RSDCP) — 23,015.5884 contracts (Direct)
Footnotes (2)
- F1. 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.
- F2. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Key Figures
Additional stock units: 70.2123 units
Reference unit value: $114.38 per unit
Post-transaction unit balance: 23,015.5884 units
+2 more
5 metrics
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
Key Terms
Restricted Stock and Deferred Compensation Plan, deferred phantom stock account, restricted stock units, dividend reinvested, +1 more
5 terms
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
