PACCAR (NASDAQ: PCAR) SVP converts RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACCAR Inc senior vice president Laura J. Bloch reported equity award activity involving company stock. On March 1, 2026, 1,061 stock units granted under the PACCAR Long Term Incentive Plan were converted into an equal number of common shares at a stated price of $0.00 per share upon vesting.
In a related tax-withholding disposition on March 2, 2026, 418 common shares were withheld at $126.09 per share to cover tax liabilities tied to vesting of restricted shares and restricted stock units. Following these transactions, Bloch reported direct ownership of several thousand PACCAR common shares, plus indirect holdings through the PACCAR Savings Investment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,061 shares exercised/converted
Mixed
8 txns
Insider
Bloch Laura J
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 418 | $126.09 | $53K |
| Exercise | Stock Units (LTIP) | 1,061 | $0.00 | -- |
| Exercise | Common Stock | 1,061 | $0.00 | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,745 shares (Direct);
Stock Units (LTIP) — 5,389 shares (Direct);
Stock Option — 9,668 shares (Direct);
Common Stock — 2,344.976 shares (Indirect, By PACCAR Savings Investment Plan (SIP))
Footnotes (1)
- Restricted stock units converted to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Shares withheld for payment of tax liability in connection with the vesting of restricted shares and/or restricted stock units. Restricted stock units awarded under PACCAR Long Term Incentive Plan (LTIP) and convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions. Each award vests in four equal installments commencing on March 1 following the award and January 1 of the next three years.
FAQ
What insider transactions did PACCAR (PCAR) report for Laura J. Bloch?
PACCAR reported that Senior Vice President Laura J. Bloch had 1,061 stock units convert into common stock and 418 common shares withheld at $126.09 per share to cover tax liabilities related to vesting of restricted equity awards.
Was the PACCAR (PCAR) Form 4 a stock sale by Laura J. Bloch?
The Form 4 shows a tax-withholding disposition, not an open-market sale. 418 PACCAR common shares were withheld at $126.09 per share to pay tax liabilities from vesting restricted shares and restricted stock units.
What is the nature of Laura J. Bloch’s indirect PACCAR (PCAR) holdings?
In addition to directly held shares, Laura J. Bloch reported indirect ownership of PACCAR common stock through the PACCAR Savings Investment Plan. The Form 4 lists these indirect shares as held "By PACCAR Savings Investment Plan (SIP)."
How does the PACCAR Long Term Incentive Plan (LTIP) work for these RSUs?
The restricted stock units were granted under PACCAR’s Long Term Incentive Plan and convert to common stock on a one-for-one basis. Each award vests in four equal installments starting March 1 following the award, then on January 1 of the next three years.
What role does tax withholding play in PACCAR (PCAR) equity vesting events?
When PACCAR restricted shares or stock units vest, shares may be withheld to pay related tax liabilities. In this filing, 418 common shares were withheld at $126.09 per share specifically for payment of tax obligations tied to the vesting event.