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PACCAR (NASDAQ: PCAR) director adjusts 424.99 deferred stock units, holds 13,015 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACCAR INC director Pierre R. Breber reported an internal adjustment of deferred stock units, not an open-market trade. A Form 4 shows a code J transaction involving 424.9894 stock units at $117.65 per unit, classified as “other acquisition or disposition.” Following this, he directly holds 3,612.7400 stock units, 4,175.8871 stock units in the PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, and 13,015.0000 shares of common stock. The deferred stock units and restricted stock units are phantom stock accounts convertible into common stock on a 1-for-1 basis upon termination of board service or satisfaction of vesting conditions.

Positive

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Insider Breber Pierre R
Role Director
Type Security Shares Price Value
Other Stock Units 424.989 $117.65 $50K
holding Stock Units (RSDCP) -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Units — 3,612.74 shares (Direct); Stock Units (RSDCP) — 4,175.887 shares (Direct); Common Stock — 13,015 shares (Direct)
Footnotes (1)
  1. 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. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP). 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.
Restructured stock units 424.9894 units at $117.65 Code J other acquisition or disposition on 2026-04-01
Stock units after transaction 3,612.7400 units Total stock units following transaction on 2026-04-01
RSDCP underlying shares 4,175.8871 shares Underlying common shares for Stock Units (RSDCP)
Common stock holdings 13,015.0000 shares Direct PACCAR common stock held after 2026-04-01
Restructuring shares 424.9894 units Classified as restructuringShares in transaction summary
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)"
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.
Non-Employee Directors (RSDCP) financial
"Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis"
1-for-1 basis financial
"convertible to PACCAR common stock on a 1-for-1 basis upon termination"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Breber Pierre R
(Last)(First)(Middle)
777 - 106TH AVE. N.E.
(Street)
BELLEVUE WASHINGTON 98004
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
PACCAR INC [ PCAR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock13,015D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units(1)04/01/2026J(2)424.9894 (1) (1)Common Stock424.9894$117.653,612.74D
Stock Units (RSDCP)(3) (3) (3)Common Stock4,175.88714,175.8871D
Explanation of Responses:
1. 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.
2. Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).
3. 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.
Michael R. Beers, by Power of Attorney04/02/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did PACCAR (PCAR) report for Pierre R. Breber?

Pierre R. Breber reported an internal adjustment of 424.9894 stock units, not a market trade. The Form 4 lists a code J transaction classified as “other acquisition or disposition,” reflecting restructuring within deferred stock accounts rather than a buy or sell on the open market.

Did Pierre R. Breber buy or sell PACCAR (PCAR) shares on the open market?

The Form 4 does not show any open-market purchases or sales. It reports a code J “other acquisition or disposition” of 424.9894 stock units and updated holdings, which relate to deferred and phantom stock arrangements instead of direct market trading activity.

How many PACCAR (PCAR) stock units does Pierre R. Breber hold after this filing?

After the reported transaction, Breber holds 3,612.7400 stock units directly. He also has 4,175.8871 stock units in the PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, in addition to his common stock holdings disclosed in the same Form 4.

What PACCAR (PCAR) deferred stock plans are mentioned in Pierre R. Breber’s Form 4?

The filing references the PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors. It describes deferred phantom stock accounts and restricted stock units that convert to PACCAR common stock on a 1-for-1 basis upon termination of director status or after vesting conditions are met.

How many PACCAR (PCAR) common shares does Pierre R. Breber directly own after the Form 4?

The Form 4 shows Breber directly owns 13,015.0000 shares of PACCAR common stock. This figure is reported as his total direct common stock position following the transactions and is separate from his various stock unit and phantom stock holdings.

What price per unit is associated with Pierre R. Breber’s PACCAR stock unit transaction?

The reported stock unit transaction uses a price of $117.65 per unit. The Form 4 records 424.9894 stock units at $117.6500, linked to an “other acquisition or disposition” entry consistent with deferred compensation and phantom stock accounting rather than a typical share purchase.