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PACCAR (NASDAQ: PCAR) EVP exercises stock options, sells 79,076 shares

Filing Impact
(Very High)
Filing Sentiment
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

PACCAR INC executive vice president C. Michael Dozier reported exercising multiple stock options and selling shares of common stock. On February 3, 2026, he exercised options for 38,900, 20,682, and 19,494 shares at exercise prices of $71.95, $61.26, and $62.8667 per share, respectively, acquiring the same number of PACCAR shares.

That same day, he sold 79,076 common shares at a weighted average price of $127.9189 per share, with individual sale prices ranging from $127.6500 to $128.3400. After these transactions, he directly held 34,656 shares, plus 20,172.896 shares indirectly through the PACCAR Savings Investment Plan, along with remaining stock options and 5,754 stock units under the Long Term Incentive Plan.

Positive

  • None.

Negative

  • None.
Insider DOZIER C MICHAEL
Role EXECUTIVE VICE PRESIDENT
Sold 79,076 shs ($10.12M)
Type Security Shares Price Value
Exercise Stock Option 20,682 $127.9189 $2.65M
Exercise Stock Option 19,494 $127.9189 $2.49M
Exercise Stock Option 38,900 $127.9189 $4.98M
Exercise Common Stock 38,900 $71.95 $2.80M
Exercise Common Stock 20,682 $61.26 $1.27M
Exercise Common Stock 19,494 $62.8667 $1.23M
Sale Common Stock 79,076 $127.9189 $10.12M
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Units (LTIP) -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Option — 0 shares (Direct); Common Stock — 73,556 shares (Direct); Stock Units (LTIP) — 5,754 shares (Direct); Common Stock — 20,172.896 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (1)
  1. The price shown is a weighted average sale price of shares sold in multiple transactions; the sale prices ranged from 127.6500 to 128.3400 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. 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.
Form 4 Insider Transactions: What Each Field Means →
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
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*
DOZIER C MICHAEL
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EXECUTIVE VICE PRESIDENT
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026
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 02/03/2026 M 38,900 A $71.95 73,556 D
Common Stock 02/03/2026 M 20,682 A $61.26 94,238 D
Common Stock 02/03/2026 M 19,494 A $62.8667 113,732 D
Common Stock 02/03/2026 S 79,076 D $127.9189(1) 34,656 D
Common Stock 20,172.896 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 Option $61.26 02/03/2026 M 20,682 01/01/2024 02/02/2031 Common Stock 20,682 $127.9189(1) 0.0000 D
Stock Option $62.8667 02/03/2026 M 19,494 01/01/2025 02/07/2032 Common Stock 19,494 $127.9189(1) 0.0000 D
Stock Option $71.95 02/03/2026 M 38,900 01/01/2026 02/08/2033 Common Stock 38,900 $127.9189(1) 0.0000 D
Stock Option $104.16 01/01/2027 02/05/2034 Common Stock 28,610 28,610 D
Stock Option $109.13 01/01/2028 02/03/2035 Common Stock 25,460 25,460 D
Stock Units (LTIP) (2) (2) (2) Common Stock 5,754 5,754 D
Explanation of Responses:
1. The price shown is a weighted average sale price of shares sold in multiple transactions; the sale prices ranged from 127.6500 to 128.3400 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
2. 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.
Michael R. Beers, by Power of Attorney 02/03/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PACCAR (PCAR) executive C. Michael Dozier report?

C. Michael Dozier reported exercising stock options and selling PACCAR shares. On February 3, 2026, he exercised multiple stock options into common stock and then sold 79,076 shares in market transactions, as detailed in the Form 4 filing.

How many PACCAR (PCAR) shares did the executive vice president sell and at what price?

The executive vice president sold 79,076 PACCAR common shares. The weighted average sale price was $127.9189 per share, with individual sale prices ranging from $127.6500 to $128.3400, according to the weighted-average pricing footnote in the filing.

What stock options did PACCAR (PCAR) executive C. Michael Dozier exercise?

He exercised three separate PACCAR stock option grants. On February 3, 2026, he exercised options for 38,900 shares at $71.95, 20,682 shares at $61.26, and 19,494 shares at $62.8667 per share, receiving an equal number of PACCAR common shares.

How many PACCAR (PCAR) shares does the executive vice president hold after these transactions?

After the transactions, he directly owned 34,656 PACCAR shares. He also had 20,172.896 shares held indirectly through the PACCAR Savings Investment Plan, plus outstanding stock options and 5,754 stock units under the Long Term Incentive Plan.

What are the PACCAR (PCAR) stock units reported under the Long Term Incentive Plan (LTIP)?

The filing lists 5,754 stock units under PACCAR’s LTIP. These are restricted stock units in a deferred phantom stock account, convertible into PACCAR common stock on a one-for-one basis once all applicable vesting conditions are satisfied.

Does the PACCAR (PCAR) filing show remaining stock options for the executive?

Yes, the filing shows remaining unexercised stock options. After the reported exercises, he continued to hold stock options covering 28,610 and 25,460 PACCAR common shares, with future exercisability and expiration dates specified in the option table.