Kevin D. Baney - 05 Feb 2024 Form 4 Insider Report for PACCAR INC (PCAR)

Role: Senior Vice President
Signature: Michael R. Beers, by Power of Attorney
Issuer symbol: PCAR
Transactions as of: 05 Feb 2024
Net transactions value: +$343,936
Form type: 4
Filing time: 07 Feb 2024, 12:18:41 UTC
Previous filing: 29 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						6,621	05 Feb 2024	Direct
holding	PCAR	Common Stock						5,182	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		+12,742			12,742	05 Feb 2024	Common Stock	12,742	$104.16	Direct	F1
transaction	PCAR	Stock Units (LTIP)	Award	$343,936	+3,302	+100%	$104.16	6,616	05 Feb 2024	Common Stock	3,302		Direct	F2, F3
holding	PCAR	Stock Option						9,894	05 Feb 2024	Common Stock	9,894	$43.71	Direct
holding	PCAR	Stock Option						9,672	05 Feb 2024	Common Stock	9,672	$50.79	Direct
holding	PCAR	Stock Option						11,118	05 Feb 2024	Common Stock	11,118	$61.26	Direct
holding	PCAR	Stock Option						11,547	05 Feb 2024	Common Stock	11,547	$62.87	Direct
holding	PCAR	Stock Option						10,806	05 Feb 2024	Common Stock	10,806	$71.95	Direct

* 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.