Michael K. Walton - 05 Feb 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role: VICE PRESIDENT/GENERAL COUNSEL
Signature: Michael R. Beers, by Power of Attorney
Issuer symbol: PCAR
Transactions as of: 05 Feb 2024
Net transactions value: +$217,278
Form type: 4
Filing time: 07 Feb 2024, 11:44:16 UTC
Previous filing: 08 Jan 2024
Next filing: 04 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PCAR	Common Stock						1,074	05 Feb 2024	Direct
holding	PCAR	Common Stock						5,938	05 Feb 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 Option	Award		+6,108			6,108	05 Feb 2024	Common Stock	6,108	$104.16	Direct	F1
transaction	PCAR	Stock Units (LTIP)	Award	$217,278	+2,086	+161%	$104.16	3,378	05 Feb 2024	Common Stock	2,086		Direct	F2, F3
holding	PCAR	Stock Option						1,602	05 Feb 2024	Common Stock	1,602	$43.71	Direct
holding	PCAR	Stock Option						1,248	05 Feb 2024	Common Stock	1,248	$50.79	Direct
holding	PCAR	Stock Option						6,273	05 Feb 2024	Common Stock	6,273	$61.26	Direct
holding	PCAR	Stock Option						7,302	05 Feb 2024	Common Stock	7,302	$62.87	Direct
holding	PCAR	Stock Option						7,918	05 Feb 2024	Common Stock	7,918	$71.95	Direct
holding	PCAR	Stock Units (DCP)						13,023	05 Feb 2024	Common Stock	13,023		Direct	F4

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

Explanation of Responses:

Id	Content
F1	Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP).
F2	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.
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.
F4	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.