PACCAR SVP updates holdings, reinvests dividends
PACCAR INC Senior Vice President Laura J. Bloch reported updated equity holdings.
Rhea-AI Filing Summary
PACCAR INC Senior Vice President Laura J. Bloch reported updated equity holdings. The filing shows a small indirect transaction where 7.568 shares of common stock were added through dividend reinvestment at $114.38 per share in the PACCAR Savings Investment Plan (SIP), bringing that plan position to 2,492.169 shares.
She also reports 6,745 shares of PACCAR common stock held directly, 5,389 stock units under the Long Term Incentive Plan (LTIP), and several outstanding stock option grants on common stock with exercise prices between $71.95 and $127.35 and expirations from 2033 to 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 7.568 shares
Other
7 txns
Insider
Bloch Laura J
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 7.568 | $114.38 | $865.63 |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,492.169 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Stock Option — 44,020 contracts (Direct);
Stock Units (LTIP) — 5,389 contracts (Direct);
Common Stock — 6,745 shares (Direct)
Footnotes (2)
- F1. Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP.
- F2. 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.
Key Figures
SIP dividend reinvestment: 7.568 shares at $114.38
Indirect SIP holdings: 2,492.169 shares
Direct common shares: 6,745 shares
+5 more
8 metrics
SIP dividend reinvestment
7.568 shares at $114.38
PACCAR common stock added via SIP dividend reinvestment
Indirect SIP holdings
2,492.169 shares
PACCAR common stock held via PACCAR Savings Investment Plan
Direct common shares
6,745 shares
PACCAR common stock held directly by Laura J. Bloch
LTIP stock units
5,389 units
Restricted stock units convertible 1:1 into common stock
Stock option grant
13,260 shares at $127.35
Option on PACCAR common stock expiring February 6, 2036
Stock option grant
13,588 shares at $109.13
Option on PACCAR common stock expiring February 3, 2035
Stock option grant
7,504 shares at $104.16
Option on PACCAR common stock expiring February 5, 2034
Stock option grant
9,668 shares at $71.95
Option on PACCAR common stock expiring February 8, 2033
Key Terms
PACCAR Savings Investment Plan (SIP), Long Term Incentive Plan (LTIP), restricted stock units, deferred phantom stock account, +1 more
5 terms
PACCAR Savings Investment Plan (SIP) financial
"Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP."
Long Term Incentive Plan (LTIP) financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)."
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 Long Term Incentive Plan (LTIP)."
Stock Option financial
"Stock Option on Common Stock with specified exercise price and expiration date."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Laura J. Bloch’s latest Form 4 for PACCAR (PCAR) report?
The Form 4 reports updated holdings for Senior Vice President Laura J. Bloch, including a small dividend reinvestment of 7.568 PACCAR common shares in the company’s savings plan and current direct, LTIP, and stock option positions tied to common stock.
What is the PACCAR Savings Investment Plan (SIP) mentioned in the Form 4?
The PACCAR Savings Investment Plan (SIP) is a plan through which Bloch holds PACCAR shares indirectly. In this filing, a dividend on SIP shares was reinvested, adding 7.568 PACCAR common shares to her SIP position, as disclosed in the accompanying transaction footnote.
How is the dividend reinvestment for PACCAR (PCAR) described in the filing footnotes?
A footnote explains that the 7.568-share transaction reflects a dividend on PACCAR Savings Investment Plan (SIP) shares that was reinvested pursuant to the SIP, indicating an automatic plan-level reinvestment rather than an open-market trade by Laura J. Bloch.
AI-generated analysis. How Rhea-AI works. Not financial advice.
