Director at PACCAR (NASDAQ: PCAR) receives 1,098 stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR Inc director Dietmar A. Scheiter received a grant of 1,098 restricted stock units under the company’s Restricted Stock and Deferred Compensation Plan for non-employee directors. These units are held in a deferred phantom stock account and are convertible into PACCAR common stock on a 1-for-1 basis once all vesting conditions are met.
The award is recorded as a derivative security with a reference price of $119.61 per unit and an exercise price of $0.00, and Scheiter now holds 1,098 such units directly under this plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scheiter Dietmar A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (RSDCP) | 1,098 | $119.61 | $131K |
Holdings After Transaction:
Stock Units (RSDCP) — 1,098 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 1,098 units
Reference price per unit: $119.61 per unit
Units held after transaction: 1,098 units
+2 more
5 metrics
Restricted stock units granted
1,098 units
Director grant under RSDCP on 2026-04-28
Reference price per unit
$119.61 per unit
Grant valuation for 1,098 stock units
Units held after transaction
1,098 units
Total restricted stock units following grant
Exercise price
$0.00
Conversion price for stock units into common stock
Underlying common shares
1,098 shares
Common stock underlying granted stock units
Key Terms
Restricted stock units, Deferred phantom stock account, Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP), Grant, award, or other acquisition, +1 more
5 terms
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..."
Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)..."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"convertible to PACCAR common stock on a 1-for-1 basis upon satisfaction..."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did PACCAR (PCAR) director Dietmar A. Scheiter report on this Form 4?
Dietmar A. Scheiter reported receiving 1,098 restricted stock units as a grant under PACCAR’s non-employee director plan. These units are a form of deferred equity compensation tied to PACCAR common stock and convert on a 1-for-1 basis after vesting.
How many PACCAR stock units were granted to the director in this filing?
The filing shows a grant of 1,098 stock units to the director. These units are recorded at a reference price of $119.61 per unit and are held in a deferred phantom stock account linked to PACCAR common shares on a 1-for-1 conversion basis after vesting.
What type of security was involved in the PACCAR (PCAR) Form 4 transaction?
The transaction involved restricted stock units held in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-Employee Directors. Each unit represents the right to receive one share of PACCAR common stock once all vesting requirements are satisfied.
Is the PACCAR director transaction a purchase or a compensation grant?
The transaction is a compensation grant, not an open-market purchase. It is coded as an award acquisition of 1,098 restricted stock units under PACCAR’s non-employee director plan, providing equity-based compensation that will convert into common stock upon vesting.
How are the PACCAR restricted stock units from this filing settled?
The restricted stock units are convertible into PACCAR common stock on a 1-for-1 basis after vesting. They are held in a deferred phantom stock account under the company’s Restricted Stock and Deferred Compensation Plan for non-Employee Directors until vesting conditions are fully met.