PACCAR director acquires 97 stock units via dividends
PACCAR director Mark A. Schulz increased his deferred restricted stock unit holdings through dividend reinvestment while maintaining a direct stake in common shares.
Rhea-AI Filing Summary
PACCAR INC (PCAR) director Mark A. Schulz reported an acquisition of derivative securities linked to PACCAR common stock. On September 2, 2026, dividends on existing restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-employee directors were reinvested into 97.3443 additional restricted stock units, convertible into common stock on a 1-for-1 basis upon vesting. Following this transaction, Schulz holds 34,064.9526 restricted stock units in the deferred phantom stock account and 16,718 shares of PACCAR common stock directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 97.3443 shares
Other
2 txns
Insider
SCHULZ MARK A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units (RSDCP) F1, F2 | 97.3443 | $122.13 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units (RSDCP) — 34,064.9526 contracts (Direct);
Common Stock — 16,718 shares (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
Restricted stock units acquired: 97.3443 units
Value reference per unit: $122.13 per unit
Restricted stock units held after transaction: 34,064.9526 units
+1 more
4 metrics
Restricted stock units acquired
97.3443 units
Dividend reinvestment on September 2, 2026 under RSDCP
Value reference per unit
$122.13 per unit
Price field for the 97.3443 restricted stock units acquired
Restricted stock units held after transaction
34,064.9526 units
Deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan
Common Stock held after transaction
16,718 shares
Direct ownership of PACCAR common stock
Key Terms
Restricted Stock and Deferred Compensation Plan, restricted stock units, deferred phantom stock account, 1-for-1 basis
4 terms
Restricted Stock and Deferred Compensation Plan financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors"
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR"
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.
deferred phantom stock account financial
"Restricted stock units held in deferred phantom stock account under PACCAR"
1-for-1 basis financial
"convertible to PACCAR common stock on a 1-for-1 basis upon"
FAQ
What insider transaction did PACCAR (PCAR) director Mark A. Schulz report?
Mark A. Schulz reported an acquisition of 97.3443 restricted stock units on September 2, 2026, through dividend reinvestment under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors.
How many PACCAR (PCAR) restricted stock units does Mark A. Schulz hold after this filing?
After the September 2, 2026 transaction, Mark A. Schulz holds 34,064.9526 restricted stock units in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors.
What is the nature of the stock units reported by PACCAR (PCAR) director Mark A. Schulz?
The reported securities are restricted stock units held in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan, convertible into common stock on a 1-for-1 basis upon satisfaction of vesting conditions.
How were the new PACCAR (PCAR) restricted stock units for Mark A. Schulz created?
The 97.3443 new restricted stock units arose from dividends on existing restricted stock units, which were reinvested in additional units pursuant to PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors.
Was the PACCAR (PCAR) insider transaction by Mark A. Schulz under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with the September 2, 2026 restricted stock unit transaction by Mark A. Schulz.
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