Harrie Schippers - 01 Jan 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role: PRESIDENT & CFO
Signature: Michael R. Beers, by Power of Attorney
Issuer symbol: PCAR
Transactions as of: 01 Jan 2024
Net transactions value: -$409,573
Form type: 4
Filing time: 03 Jan 2024, 18:49:53 UTC
Previous filing: 07 Dec 2023
Next filing: 05 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCAR	Common Stock	Options Exercise	$0	+14,257	+15%	$0.000000	107,779	01 Jan 2024	Direct	F1
transaction	PCAR	Common Stock	Tax liability	$409,573	-4,232	-3.9%	$96.78	103,547	02 Jan 2024	Direct	F2
holding	PCAR	Common Stock						2,619	01 Jan 2024	By PACCAR Savings Investment Plan (SIP)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PCAR	Stock Units (LTIP)	Options Exercise		-14,257	-51%		13,972	01 Jan 2024	Common Stock	14,257		Direct	F1, F3
holding	PCAR	Stock Option						17,352	01 Jan 2024	Common Stock	17,352	$33.33	Direct
holding	PCAR	Stock Option						5,000	01 Jan 2024	Common Stock	5,000	$41.64	Direct
holding	PCAR	Stock Option						64,797	01 Jan 2024	Common Stock	64,797	$50.79	Direct
holding	PCAR	Stock Option						65,490	01 Jan 2024	Common Stock	65,490	$61.26	Direct
holding	PCAR	Stock Option						64,971	01 Jan 2024	Common Stock	64,971	$62.87	Direct
holding	PCAR	Stock Option						60,662	01 Jan 2024	Common Stock	60,662	$71.95	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units converted to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.
F2	Shares withheld for payment of tax liability in connection with the vesting of restricted shares and/or restricted stock units.
F3	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.