PACCAR director updates deferred stock units
PACCAR INC director Sreeganesh Ramaswamy reported administrative changes in deferred stock-based compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
PACCAR INC director Sreeganesh Ramaswamy reported administrative changes in deferred stock-based compensation. A J-code entry reclassified 329.3668 stock units, referenced at $117.65 per unit, linked 1-for-1 to PACCAR common stock. Following this, direct holdings in these stock units totaled 10,517.0667 units, with additional deferred phantom stock units held under the Restricted Stock and Deferred Compensation Plan for non-employee directors.
Insider Trade Summary
Other: 329.3668 shares
Other
2 txns
Insider
RAMASWAMY SREEGANESH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 329.3668 | $117.65 | $39K |
| holding | Stock Units (RSDCP) | -- | -- | -- |
Holdings After Transaction:
Stock Units — 10,517.0667 contracts (Direct);
Stock Units (RSDCP) — 13,438.2734 contracts (Direct)
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
J-code stock units affected: 329.3668 units
Reference price per unit: $117.65 per unit
Stock units after transaction: 10,517.0667 units
+1 more
4 metrics
J-code stock units affected
329.3668 units
Other acquisition or disposition on April 1, 2026
Reference price per unit
$117.65 per unit
Value used for the 329.3668 stock units
Stock units after transaction
10,517.0667 units
Total direct stock units following the J-code entry
RSDCP underlying shares
13,438.2734 shares
Underlying PACCAR common stock in deferred phantom account
Key Terms
deferred phantom stock account, Restricted Stock and Deferred Compensation Plan, Stock Units (RSDCP), restricted stock units
4 terms
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)"
Stock Units (RSDCP) financial
"Stock Units (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis"
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did PACCAR (PCAR) director Sreeganesh Ramaswamy report on this Form 4?
Director Sreeganesh Ramaswamy reported an administrative J-code transaction involving 329.3668 stock units tied to PACCAR common stock. The units are part of deferred compensation arrangements rather than open-market buying or selling of shares.
What are the PACCAR (PCAR) stock units mentioned in Ramaswamy’s Form 4 filing?
The stock units are deferred phantom stock in a PACCAR plan for non-employee directors. They are convertible into PACCAR common stock on a 1-for-1 basis upon termination or vesting, providing equity-linked compensation without immediate share delivery.
How many PACCAR (PCAR) stock units did Ramaswamy’s J-code transaction affect?
The J-code transaction involved 329.3668 stock units, with a reference value of $117.65 per unit. These units correspond to an equal number of underlying PACCAR common shares through the company’s deferred compensation and restricted stock arrangements.
What are Ramaswamy’s PACCAR (PCAR) holdings after the reported Form 4 transactions?
After the reported activity, Ramaswamy directly held 10,517.0667 stock units in one account. A separate deferred phantom stock account under the PACCAR RSDCP reflects 13,438.2734 underlying common shares tied to restricted and deferred stock units.
Does the PACCAR (PCAR) Form 4 report open-market buying or selling by Ramaswamy?
The Form 4 does not report open-market purchases or sales. Instead, it records an “other” J-code transaction related to deferred phantom stock units and plan-based compensation accounting, rather than discretionary trading in PACCAR common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates