Kevin D. Baney - 01 Mar 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: 01 Mar 2024
Net transactions value: -$36,150
Form type: 4
Filing time: 04 Mar 2024, 19:59:14 UTC
Previous filing: 07 Feb 2024
Next filing: 08 Mar 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	+826	+12%	$0.000000	7,447	01 Mar 2024	Direct	F1
transaction	PCAR	Common Stock	Tax liability	$36,150	-326	-4.4%	$110.89	7,121	01 Mar 2024	Direct	F2
holding	PCAR	Common Stock						5,182	01 Mar 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		-826	-12%		5,790	01 Mar 2024	Common Stock	826		Direct	F1, F3
holding	PCAR	Stock Option						9,894	01 Mar 2024	Common Stock	9,894	$43.71	Direct
holding	PCAR	Stock Option						9,672	01 Mar 2024	Common Stock	9,672	$50.79	Direct
holding	PCAR	Stock Option						11,118	01 Mar 2024	Common Stock	11,118	$61.26	Direct
holding	PCAR	Stock Option						11,547	01 Mar 2024	Common Stock	11,547	$62.87	Direct
holding	PCAR	Stock Option						10,806	01 Mar 2024	Common Stock	10,806	$71.95	Direct
holding	PCAR	Stock Option						12,742	01 Mar 2024	Common Stock	12,742	$104.16	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.