PACCAR director awarded 1,098 deferred stock units
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (RSDCP) | 1,098 | $119.61 | $131K |
Footnotes (1)
- 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.
Key Figures
Key Terms
Restricted stock units financial
Deferred phantom stock account financial
Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) financial
Grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PACCAR (PCAR) director Dietmar A. Scheiter report on this Form 4?
How many PACCAR stock units were granted to the director in this filing?
What type of security was involved in the PACCAR (PCAR) Form 4 transaction?
Is the PACCAR director transaction a purchase or a compensation grant?
How are the PACCAR restricted stock units from this filing settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.