PACCAR (PCAR) director Breber updates common stock and deferred unit positions
Rhea-AI Filing Summary
PACCAR INC director Pierre R. Breber reported updated equity holdings with no open-market buying or selling. He now holds 13,015 shares of PACCAR common stock directly. The filing also shows small "other" transactions in deferred stock units under the company’s Restricted Stock and Deferred Compensation Plan for non-employee directors.
These include 12.7781 stock units and 11.0549 restricted stock units tied to PACCAR common stock at a reference price of $114.38 per unit. After these adjustments, Breber holds 4,188.6652 stock units and 3,623.7949 restricted stock units in deferred phantom stock accounts, which are convertible to PACCAR common shares on a 1-for-1 basis upon termination or vesting under the plan.
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Breber Pierre R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Units | 11.0549 | $114.38 | $1K |
| Other | Stock Units (RSDCP) | 12.7781 | $114.38 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Units — 3,623.7949 shares (Direct);
Stock Units (RSDCP) — 4,188.6652 shares (Direct);
Common Stock — 13,015 shares (Direct)
Footnotes (4)
- 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. Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) reinvested in additional stock units pursuant to 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.
- F4. Dividend on restricted stock units under PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) reinvested in additional restricted stock units pursuant to RSDCP.
Key Figures
Direct common shares held: 13,015 shares
Stock units transaction: 12.7781 units
Restricted stock units transaction: 11.0549 units
+4 more
7 metrics
Direct common shares held
13,015 shares
Common Stock position following transactions
Stock units transaction
12.7781 units
Stock Units (RSDCP) J-code transaction at $114.38
Restricted stock units transaction
11.0549 units
Stock Units J-code transaction at $114.38
Reference unit price
$114.38 per unit
Price used for stock and restricted stock unit entries
Stock units balance
4,188.6652 units
Deferred phantom stock account under RSDCP after transaction
Restricted stock units balance
3,623.7949 units
Deferred phantom restricted stock units after transaction
Restructuring-related units
23.833 units
Total units affected by J-code restructuring transactions
Key Terms
Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP), deferred phantom stock account, stock units, restricted stock units, +1 more
5 terms
Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) financial
"under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock"
deferred phantom stock account financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
stock units financial
"Dividend on stock units held in phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
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.
phantom stock financial
"Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did PACCAR (PCAR) director Pierre R. Breber report in this Form 4?
Pierre R. Breber reported his updated holdings of PACCAR equity. He holds 13,015 common shares directly and maintains deferred stock and restricted stock units under a director compensation plan, with no open-market purchases or sales reported in this filing.
What stock unit transactions were reported for PACCAR (PCAR) director Pierre R. Breber?
The filing shows two "other" code transactions in stock units. Breber had 12.7781 stock units and 11.0549 restricted stock units credited at a reference price of $114.38, linked to PACCAR common stock through the director deferred compensation plan.
How many PACCAR (PCAR) stock units does Pierre R. Breber hold after these transactions?
After the reported adjustments, Breber holds 4,188.6652 stock units and 3,623.7949 restricted stock units. These balances are in deferred phantom stock accounts and are convertible into PACCAR common shares on a 1-for-1 basis upon termination or vesting conditions.
What is the PACCAR (PCAR) Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP)?
The RSDCP is a plan for non-employee directors that uses phantom stock and restricted stock units. These units track PACCAR common stock and are generally convertible 1-for-1 into shares upon termination of board service or satisfaction of vesting conditions described in the plan.