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PACCAR (PCAR) director John Pigott updates deferred stock unit and trust holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR INC director John Pigott reported updated holdings and a routine restructuring of stock units. The filing shows indirect ownership of common stock through trusts for children and Grantor Retained Annuity Trusts, along with a substantial directly held common stock position.

The only new activity is an “other” transaction in stock units under a deferred compensation arrangement, moving 288.6836 units and bringing that stock unit balance to 3,672.3665 units. Pigott also holds 72,912.9947 stock units in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan for non-employee directors, which are convertible into common stock on a one-for-one basis under specified conditions.

The filing does not show any open-market purchases or sales, and net buy/sell activity is neutral, indicating administrative or compensation-related changes rather than discretionary trading.

Positive

  • None.

Negative

  • None.
Insider Pigott John
Role null
Type Security Shares Price Value
Other Stock Units 288.684 $121.24 $35K
holding Stock Units (RSDCP) -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Units — 3,672.367 shares (Direct, null); Stock Units (RSDCP) — 72,912.995 shares (Direct, null); Common Stock — 2,283,953 shares (Direct, null); Common Stock — 51,526 shares (Indirect, By Grantor Retained Annuity Trusts)
Footnotes (1)
  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. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP). 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.
Stock unit transaction 288.6836 stock units Other transaction in stock units on 2026-07-01
Reference price per unit $121.24 per unit Stock unit transaction code J on 2026-07-01
Stock units after transaction 3,672.3665 stock units Total stock units following J-code transaction
Deferred phantom stock units (RSDCP) 72,912.9947 units Convertible 1-for-1 into common stock under RSDCP
Direct common stock holdings 2,283,953 shares Directly owned PACCAR common stock after reported holdings
Trust for children holdings 1,079,416 shares Indirect common stock held by trust for children
GRATs holdings 51,526 shares Indirect common stock held by Grantor Retained Annuity Trusts
Grantor Retained Annuity Trusts financial
"nature_of_ownership: "By Grantor Retained Annuity Trusts""
A grantor retained annuity trust (GRAT) is an estate-planning tool where an owner transfers assets into a trust and receives fixed payments back for a set number of years; any remaining assets after that period pass to designated beneficiaries. For investors it matters because it can move future investment growth to heirs while potentially reducing gift and estate taxes — like putting a rising asset in a timed box that pays you first and gives the remaining upside to others.
deferred phantom stock account financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
Restricted Stock and Deferred Compensation Plan financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)"
non-Employee Directors financial
"Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Grantor Retained Annuity Trusts (GRATs) financial
"By Grantor Retained Annuity Trusts as nature of ownership"
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Form 4 Insider Transactions: What Each Field Means →
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*
Pigott John
(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)
07/01/2026		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
Common Stock2,283,953D
Common Stock51,526IBy Grantor Retained Annuity Trusts
Common Stock1,079,416IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units(1)07/01/2026J(2)288.6836 (1) (1)Common Stock288.6836$121.243,672.3665D
Stock Units (RSDCP)(3) (3) (3)Common Stock72,912.994772,912.9947D
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. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (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.
Michael R. Beers, by Power of Attorney07/01/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did PACCAR (PCAR) director John Pigott report in this Form 4?

John Pigott reported updated holdings in PACCAR, including direct and indirect common stock and stock units. The filing highlights trust-owned shares for family members and balances in deferred compensation stock unit plans, without showing any open-market purchases or sales.

Were there any PACCAR (PCAR) insider stock purchases or sales in this filing?

The filing shows no open-market purchases or sales of PACCAR stock. Net buy and sell activity is neutral, with the only new movement classified as an “other” transaction in stock units related to a deferred compensation arrangement, not a market trade.

What stock unit transaction did John Pigott report for PACCAR (PCAR)?

Pigott reported an “other” transaction in stock units, moving 288.6836 units at a reference price of $121.24. After this restructuring, his balance in that stock unit account totals 3,672.3665 units, linked to PACCAR common stock on a one-for-one basis.

How many PACCAR (PCAR) stock units does John Pigott hold in deferred plans?

Pigott holds 72,912.9947 stock units in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan. These units are convertible to common stock on a one-for-one basis upon termination as a non-employee director or after vesting, as applicable.

What indirect PACCAR (PCAR) holdings did John Pigott disclose?

Pigott disclosed indirect ownership of PACCAR common stock through trusts. One trust held for his children owns 1,079,416 shares, and Grantor Retained Annuity Trusts hold 51,526 shares. These positions are reported as indirect holdings separate from his directly owned common stock.

Does this PACCAR (PCAR) Form 4 indicate significant trading by John Pigott?

The Form 4 does not indicate significant trading activity. It mainly updates Pigott’s direct and indirect holdings and records a small “other” stock unit transaction tied to deferred compensation, with net buy/sell shares reported as neutral in the transaction summary.