PACCAR Inc Director Acquires Stock Units via Dividend Reinvestment
PACCAR INC
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Filing Summary
📊 Form 4 Filing Alert: PACCAR INC ($PCAR) Insider: Pigott John (Director) Type: Dividend Reinvestment (Stock Units) Shares Transacted: 219.48 @ $122.13 Total Value: ~$26,804.89 Significance: Low (Routine Dividend Reinvestment)
Comprehensive Analysis
Executive Summary
On September 3, 2026, PACCAR INC ($PCAR) filed a Form 4 disclosing that Director John Pigott acquired an aggregate of 219.4783 stock units on September 2, 2026, valued at $122.13 per share (total value ~$26,805). The acquisition was executed automatically via dividend reinvestment under the company's Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP).
Transaction Details
- Stock Units (Phantom Stock): 10.5243 units acquired at $122.13 per share; post-transaction holdings stand at 3,682.8908 units.
- Stock Units (RSDCP Restricted Stock Units): 208.9540 units acquired at $122.13 per share; post-transaction holdings stand at 73,121.9487 units.
- Direct & Indirect Common Stock Holdings: John Pigott continues to hold 2,283,953 shares directly, alongside 51,526 shares via GRATs and 1,079,416 shares via trusts for children.
Market Impact & Significance
This transaction represents a routine, automatic dividend reinvestment under the issuer's director compensation program rather than open-market buying or selling. As such, the market and trading significance of this filing is Low.
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