PACCAR officer adds 19.538 shares via dividend
PACCAR’s vice president and general counsel increased deferred and plan-based equity holdings via dividend reinvestments and reported substantial outstanding stock options.
Rhea-AI Filing Summary
PACCAR INC (PCAR) reports that vice president and general counsel Michael K. Walton had company-related equity holdings updated on September 2, 2026, primarily through dividend reinvestments and updated option and unit holdings. Dividend on PACCAR Savings Investment Plan shares was reinvested into 19.538 indirect common shares at $122.13 per share, bringing that indirect SIP position to 6,869.883 shares. A dividend on deferred phantom stock units under the PACCAR Deferred Compensation Plan was reinvested into 39.987 additional stock units at an equivalent reference price of $122.13, increasing that DCP account to 13,993.184 units, each convertible into one share of common stock upon meeting plan conditions. Walton also reports direct holdings of 2,885 common shares, 2,997 LTIP stock units convertible one-for-one into common stock upon vesting, and multiple outstanding stock options on PACCAR common stock with exercise prices between $62.8667 and $127.35 expiring between 2032 and 2036. No Rule 10b5-1 trading plan is indicated for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 59.525 shares
Other
9 txns
Insider
WALTON MICHAEL K
Role
VICE PRESIDENT/GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units (DCP) F2, F3 | 39.987 | $122.13 | $5K |
| Other | Common Stock F1 | 19.538 | $122.13 | $2K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Units (LTIP) F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units (DCP) — 13,993.184 contracts (Direct);
Common Stock — 6,869.883 shares (Indirect, By PACCAR Savings Investment Plan (SIP));
Stock Option — 26,846 contracts (Direct);
Stock Units (LTIP) — 2,997 contracts (Direct);
Common Stock — 2,885 shares (Direct)
Footnotes (4)
- F1. Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP.
- F2. Share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable conditions.
- F3. Dividend on share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) reinvested pursuant to DCP.
- F4. Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
Key Figures
DCP stock units acquired: 39.987 units
DCP stock units after transaction: 13,993.184 units
SIP common shares acquired: 19.538 shares
+5 more
8 metrics
DCP stock units acquired
39.987 units
Dividend on deferred phantom stock units reinvested on September 2, 2026 at $122.13
DCP stock units after transaction
13,993.184 units
Deferred Compensation Plan phantom stock account, one-for-one convertible to common stock
SIP common shares acquired
19.538 shares
Dividend on PACCAR Savings Investment Plan shares reinvested on September 2, 2026
Indirect SIP common shares after transaction
6,869.883 shares
Indirect holdings via PACCAR Savings Investment Plan
Direct common shares held
2,885 shares
Directly held PACCAR common stock as of September 2, 2026
LTIP stock units held
2,997 units
Restricted stock units under Long Term Incentive Plan, one-for-one convertible upon vesting
Stock option strikes
$62.8667 to $127.35
Exercise prices for outstanding PACCAR stock options expiring 2032–2036
Underlying shares for options
30,846 shares
Total underlying PACCAR common shares across reported stock option positions
Key Terms
Deferred Compensation Plan (DCP), deferred phantom stock, PACCAR Savings Investment Plan (SIP), Long Term Incentive Plan (LTIP), +1 more
5 terms
Deferred Compensation Plan (DCP) financial
"deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible"
deferred phantom stock financial
"Share units held in deferred phantom stock account under PACCAR Deferred"
PACCAR Savings Investment Plan (SIP) financial
"Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested"
Long Term Incentive Plan (LTIP) financial
"Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP)"
restricted stock units financial
"Restricted stock units held in deferred phantom stock account under Long Term"
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
What did PACCAR (PCAR) officer Michael K. Walton acquire in this Form 4?
He reported acquisition of 39.987 stock units in the Deferred Compensation Plan and 19.538 common shares in the PACCAR Savings Investment Plan, both through dividend reinvestments on September 2, 2026, at a reference price of $122.13 per share.
How many PACCAR (PCAR) DCP stock units does Michael K. Walton now hold?
After the reported dividend reinvestment, he holds 13,993.184 stock units in a deferred phantom stock account under the PACCAR Deferred Compensation Plan, convertible to common stock on a one-for-one basis when all applicable conditions are satisfied.
What are Michael K. Walton’s indirect PACCAR (PCAR) holdings through the SIP?
Through the PACCAR Savings Investment Plan, he indirectly holds 6,869.883 common shares. This includes 19.538 shares acquired on September 2, 2026, from a dividend reinvested pursuant to the SIP.
What stock options on PACCAR (PCAR) does Michael K. Walton report?
He reports multiple stock option positions on PACCAR common stock with exercise prices of $62.8667, $71.95, $104.16, $109.13, and $127.35, covering 30,846 underlying shares in total, expiring between 2032 and 2036.
Does this PACCAR (PCAR) Form 4 indicate a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmed, and the footnotes do not state that these transactions were made under a Rule 10b5-1 or other pre-arranged trading plan.
What other PACCAR (PCAR) equity awards does Michael K. Walton hold?
He holds 2,997 restricted stock units in a deferred phantom stock account under the Long Term Incentive Plan, convertible to common stock on a one-for-one basis upon satisfaction of vesting conditions, plus 2,885 directly held common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
