PACCAR (PCAR) director updates deferred and restricted stock unit balances

Rhea-AI Filing Summary

PACCAR director John Pigott reported administrative changes in his deferred stock holdings. On stock units, a dividend of 8.1041 units and on RSDCP stock units, a dividend of 191.5200 units was reinvested at $124.9200 per unit, increasing his deferred balances.

These phantom stock and restricted stock units are held under PACCAR’s Restricted Stock and Deferred Compensation Plan for non‑employee directors and are generally convertible into PACCAR common stock on a 1‑for‑1 basis upon termination of board service or after vesting. Pigott now holds 3,075.8679 stock units and 72,690.5634 RSDCP stock units, alongside direct and indirect common stock holdings.

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

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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^*

Pigott John

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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								2,283,953	D
Common Stock								51,526	I	By Grantor Retained Annuity Trusts
Common Stock								1,079,416	I	By Trust held for Children

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 Units	(1)	03/04/2026		J(2)		8.1041		(1)	(1)	Common Stock	8.1041	$124.92	3,075.8679	D
Stock Units (RSDCP)	(3)	03/04/2026		J(4)		191.52		(3)	(3)	Common Stock	191.52	$124.92	72,690.5634	D

Explanation of Responses:

1. 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 termination of the Reporting Person's status as a non-employee director.

2. Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) reinvested in additional stock units pursuant to RSDCP.

3. 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.

4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.

	Michael R. Beers, by Power of Attorney	03/04/2026
	** 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.

FAQ

What insider activity did PACCAR (PCAR) director John Pigott report?

John Pigott reported dividend reinvestments into PACCAR deferred stock units. Dividends on existing stock units and RSDCP stock units were converted into 8.1041 and 191.5200 additional units, respectively, increasing his deferred phantom stock and restricted stock unit balances under the non‑employee director compensation plan.

How many PACCAR stock units does John Pigott hold after this Form 4?

After these transactions, John Pigott holds 3,075.8679 stock units. These are separate from his RSDCP stock units and represent deferred phantom stock that is convertible into PACCAR common stock on a 1‑for‑1 basis when his non‑employee director service ends, according to the plan terms.

What are PACCAR RSDCP stock units reported by John Pigott?

RSDCP stock units are deferred phantom and restricted stock units for non‑employee directors. Pigott’s dividends were reinvested into 191.5200 additional RSDCP units, bringing his total to 72,690.5634 units, which are generally convertible into PACCAR common stock on a 1‑for‑1 basis after vesting conditions are met.

How much PACCAR common stock does John Pigott hold directly and indirectly?

John Pigott directly holds 2,283,953 PACCAR common shares. Indirectly, 51,526 shares are held by Grantor Retained Annuity Trusts and 1,079,416 shares by a trust for children, reflecting substantial ownership positions in addition to his deferred and restricted stock units under PACCAR’s director plan.

What does transaction code J mean in John Pigott’s PACCAR Form 4?

Transaction code J indicates an “other acquisition or disposition.” In this case, it reflects dividends on existing stock and restricted stock units being automatically reinvested into additional units under the PACCAR Restricted Stock and Deferred Compensation Plan for non‑employee directors, rather than open‑market buying or selling.