PACCAR (PCAR) vice president converts 750 units and withholds 296 shares for taxes

Rhea-AI Filing Summary

PACCAR Inc Vice President Paulo Henrique Bolgar reported equity award activity involving company stock. On March 1, 2026, 750 restricted stock units under the Long Term Incentive Plan were exercised on a one-for-one basis into 750 shares of common stock, increasing his direct holdings.

On March 2, 2026, 296 common shares were withheld at $126.09 per share to cover tax obligations related to vesting, described as a payment of tax liability by delivering securities. After these transactions, he directly held 6,728 PACCAR common shares.

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^*

Bolgar Paulo Henrique

(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)
	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)		750	A	$0(1)	7,024	D
Common Stock	03/02/2026		F(2)		296	D	$126.09	6,728	D
Common Stock								773.78	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)			750	(3)	(3)	Common Stock	750	(3)	4,625	D
Stock Option	$71.95							01/01/2026	02/08/2033	Common Stock	11,374		11,374	D
Stock Option	$104.16							01/01/2027	02/05/2034	Common Stock	8,294		8,294	D
Stock Option	$109.13							01/01/2028	02/03/2035	Common Stock	9,792		9,792	D
Stock Option	$127.35							01/01/2029	02/06/2036	Common Stock	9,500		9,500	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).
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FAQ

What insider transactions did PACCAR (PCAR) Vice President Paulo Henrique Bolgar report?

Paulo Henrique Bolgar reported exercising 750 restricted stock units into common shares and a related tax-withholding disposition of 296 common shares. These transactions reflect routine equity award vesting and tax settlement under PACCAR’s Long Term Incentive Plan.

How many PACCAR (PCAR) restricted stock units did the vice president convert?

He converted 750 restricted stock units into 750 shares of PACCAR common stock on a one-for-one basis. The units were granted under the Long Term Incentive Plan and vested according to its schedule, increasing his direct share ownership.

Why were 296 PACCAR (PCAR) shares disposed of in this Form 4 filing?

The 296 common shares were withheld to pay tax liabilities associated with vesting restricted shares and stock units. The filing classifies this as a tax-withholding disposition, rather than an open-market sale, using shares to settle the tax obligation.

What are Paulo Henrique Bolgar’s PACCAR (PCAR) direct common stock holdings after these transactions?

Following the reported equity award exercise and tax withholding, Paulo Henrique Bolgar directly holds 6,728 shares of PACCAR common stock. This figure reflects his position after converting 750 units and withholding 296 shares for tax purposes.

How does PACCAR’s Long Term Incentive Plan (LTIP) work for these stock units?

The LTIP awards restricted stock units that convert into common stock on a one-for-one basis after vesting. Each award generally vests in four equal installments, starting March 1 following the award and on January 1 of the next three years.