PACCAR Director Sreeganesh Ramaswamy Acquires Dividend Reinvestment Stock Units
PACCAR INC
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Filing Summary
📊 Form 4 Filing Alert: PACCAR INC ($PCAR) Insider: RAMASWAMY SREEGANESH (Director) Type: Dividend Reinvestment (Code J) Securities: Stock Units / RSDCP Shares: 69.7772 @ $122.13 (~$8,521.89) Significance: Low (Routine Dividend Reinvestment)
Comprehensive Analysis
Insider Transaction Overview
On September 2, 2026, Sreeganesh Ramaswamy, Director at PACCAR INC ($PCAR), acquired 69.7772 stock units via routine dividend reinvestment under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP).
Key Details:
- Transaction Code:
J(Dividend Reinvestment) - Price Per Share: $122.13
- Total Transaction Value: ~$8,521.89
- Breakdown:
- Stock Units: 31.1480 units acquired (holding increased to 10,900.0107 units)
- Stock Units (RSDCP): 38.6292 units acquired (holding increased to 13,518.0234 units)
- Ownership Nature: Direct
Market & Strategic Context:
This transaction represents an automatic reinvestment of dividends into phantom/restricted stock units as part of the company's established director compensation program, indicating routine plan administration rather than a discretionary open-market purchase or sale.
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