PACCAR (NASDAQ: PCAR) SVP converts RSUs, withholds shares for taxes

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.

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

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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^*

Bloch Laura J

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		M(1)		1,061	A	$0(1)	7,163	D
Common Stock	03/02/2026		F(2)		418	D	$126.09	6,745	D
Common Stock								2,344.976	I	By PACCAR Savings Investment Plan (SIP)

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 (LTIP)	(3)	03/01/2026		M(1)			1,061	(3)	(3)	Common Stock	1,061	(3)	5,389	D
Stock Option	$71.95							01/01/2026	02/08/2033	Common Stock	9,668		9,668	D
Stock Option	$104.16							01/01/2027	02/05/2034	Common Stock	7,504		7,504	D
Stock Option	$109.13							01/01/2028	02/03/2035	Common Stock	13,588		13,588	D
Stock Option	$127.35							01/01/2029	02/06/2036	Common Stock	13,260		13,260	D

Explanation of Responses:

1. Restricted stock units converted to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.

2. Shares withheld for payment of tax liability in connection with the vesting of restricted shares and/or restricted stock units.

3. 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.

	Michael R. Beers, by Power of Attorney	03/02/2026
	** 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.
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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.

How many PACCAR (PCAR) stock units did Laura J. Bloch have convert to shares?

Laura J. Bloch had 1,061 stock units convert into PACCAR common stock. These restricted stock units were awarded under the PACCAR Long Term Incentive Plan and converted on a one-for-one basis upon satisfaction of applicable vesting conditions.

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.