STOCK TITAN

Director at PACCAR (NASDAQ: PCAR) receives 1,098 stock units grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED 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*
Scheiter Dietmar A.

(Last)(First)(Middle)
777 - 106TH AVE. N.E.

(Street)
BELLEVUE WASHINGTON 98004

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units (RSDCP)(1)04/28/2026A1,098 (1) (1)Common Stock1,098$119.611,098D
Explanation of Responses:
1. 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.
Michael R. Beers, by Power of Attorney04/29/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.