MICHAEL K. WALTON - 01 Mar 2025 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
01 Mar 2025
Net transactions value
-$13,191
Form type
4
Filing time
04 Mar 2025, 19:10:12 UTC
Previous filing
20 Feb 2025
Next filing
06 Mar 2025
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 +504 +53% $0.000000 1,455 01 Mar 2025 Direct F1
transaction PCAR Common Stock Tax liability $13,191 -123 -8.5% $107.24 1,332 01 Mar 2025 Direct F2
holding PCAR Common Stock 6,345 01 Mar 2025 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 -504 -14% 3,200 01 Mar 2025 Common Stock 504 Direct F1, F3, F4
holding PCAR Stock Option 1,302 01 Mar 2025 Common Stock 1,302 $62.87 Direct
holding PCAR Stock Option 7,918 01 Mar 2025 Common Stock 7,918 $71.95 Direct
holding PCAR Stock Option 6,108 01 Mar 2025 Common Stock 6,108 $104.16 Direct
holding PCAR Stock Option 5,844 01 Mar 2025 Common Stock 5,844 $109.13 Direct F4
holding PCAR Stock Units (DCP) 13,528 01 Mar 2025 Common Stock 13,528 Direct F5
* 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.
F4 Amount reflects a downward adjustment to the number of shares due to a minor calculation error on the reporting person's Form 4 filed on February 3, 2025.
F5 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.