PACCAR director updates stock unit holdings
PACCAR INC director John Pigott reported updated holdings and a routine restructuring of stock units.
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 Trade Summary
Other: 288.6836 shares
Other
5 txns
Insider
Pigott John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 288.6836 | $121.24 | $35K |
| holding | Stock Units (RSDCP) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 3,672.3665 contracts (Direct);
Stock Units (RSDCP) — 72,912.9947 contracts (Direct);
Common Stock — 2,283,953 shares (Direct);
Common Stock — 51,526 shares (Indirect, By Grantor Retained Annuity Trusts);
Common Stock — 1,079,416 shares (Indirect, By Trust held for Children)
Footnotes (3)
- F1. 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.
- F2. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).
- F3. 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.
Key Figures
Stock unit transaction: 288.6836 stock units
Reference price per unit: $121.24 per unit
Stock units after transaction: 3,672.3665 stock units
+4 more
7 metrics
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
Key Terms
Grantor Retained Annuity Trusts, deferred phantom stock account, Restricted Stock and Deferred Compensation Plan, non-Employee Directors, +1 more
5 terms
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
