PACCAR (PCAR) CEO exercises options, sells 50,975 shares
Rhea-AI Filing Summary
PACCAR CEO Preston R. Feight reported an exercise-and-sale transaction on 2026-07-31. He exercised stock options for 70,519 shares of common stock at an exercise price of $71.95 per share, then sold 50,975 shares at a weighted average price of $133.0682. He continues to hold stock options over 104,244, 92,768 and 89,994 underlying shares, 60,558 LTIP stock units, and 17,698.623 shares indirectly through the PACCAR Savings Investment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
FEIGHT R PRESTON
Role
CHIEF EXECUTIVE OFFICER
Sold
50,975 shs ($6.78M)
Approx. gross sale proceeds
$6.78M
Approx. exercise cost
$5.07M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 70,519 | $71.95 | $5.07M |
| Exercise | Common Stock | 70,519 | $71.95 | $5.07M |
| Sale | Common Stock F1 | 50,975 | $133.0682 | $6.78M |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 357,525 shares (Direct);
Common Stock — 268,625 shares (Direct);
Stock Units (LTIP) — 60,558 shares (Direct);
Common Stock — 17,698.623 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (2)
- F1. The price shown is a weighted average sale price of shares sold in multiple transactions; the sale prices ranged from 132.6100 to 133.4900 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- 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
Options exercised: 70,519 shares
Shares sold: 50,975 shares
Sale price range: $132.6100–$133.4900 per share
+5 more
8 metrics
Options exercised
70,519 shares
Stock options converted to common stock on 2026-07-31 at $71.9500 per share
Shares sold
50,975 shares
Common stock sold on 2026-07-31 at weighted average $133.0682 per share
Sale price range
$132.6100–$133.4900 per share
Price range for multiple sale transactions noted in footnote F1
Remaining option tranche 1
104,244 underlying shares
Stock option exercisable at $104.1600, expiring 2034-02-05
Remaining option tranche 2
92,768 underlying shares
Stock option exercisable at $109.1300, expiring 2035-02-03
Remaining option tranche 3
89,994 underlying shares
Stock option exercisable at $127.3500, expiring 2036-02-06
LTIP stock units
60,558 units
Restricted stock units in deferred phantom stock account under LTIP
SIP holdings
17,698.623 shares
Common stock held indirectly via PACCAR Savings Investment Plan (SIP)
Key Terms
Long Term Incentive Plan (LTIP), Restricted stock units, Deferred phantom stock account, Weighted average sale price
4 terms
Long Term Incentive Plan (LTIP) financial
"under Long Term Incentive Plan (LTIP) convertible to common stock"
Restricted stock units financial
"Restricted stock units held in deferred phantom stock account"
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
"held in deferred phantom stock account under Long Term Incentive Plan"
Weighted average sale price financial
"The price shown is a weighted average sale price of shares sold"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did PACCAR (PCAR) CEO Preston Feight report?
Preston Feight reported exercising 70,519 stock options at $71.95 per share, receiving equivalent common stock, and selling 50,975 PACCAR shares at a weighted average price of $133.0682, according to the Form 4 insider trading report.
What PACCAR (PCAR) stock options does Preston Feight still hold after these trades?
He continues to hold stock options over 104,244, 92,768, and 89,994 underlying PACCAR shares. These options have exercise prices of $104.1600, $109.1300, and $127.3500 and expire in 2034, 2035, and 2036, respectively.
What PACCAR (PCAR) stock units does Preston Feight hold under the LTIP?
He holds 60,558 restricted stock units in a deferred phantom stock account under the Long Term Incentive Plan. A footnote explains these LTIP units convert into common stock on a one-for-one basis when all vesting conditions are satisfied.
Are Preston Feight’s PACCAR (PCAR) trades reported as under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 trading-plan checkbox is marked false, so these transactions are not affirmatively identified as executed under a pre-arranged Rule 10b5-1 trading plan for PACCAR stock.