DOZIER C MICHAEL 4

What Happened

• Michael C. Dozier, Executive Vice President of PACCAR (PCAR), received two compensation awards on Feb 6, 2026: a grant of 24,782 derivative securities (listed as an option award under the LTIP) and 7,174 restricted stock units (RSUs) valued at $127.35 each, totaling $913,609. These are awards/compensation, not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-06; Form 4 filed 2026-02-10 (filed within the required two business days).
• Awards: 24,782 (derivative option award; filing lists price as N/A) and 7,174 RSUs at $127.35/share (total value $913,609).
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Footnotes from the filing:
  • F1: Option awarded under the PACCAR Long Term Incentive Plan (LTIP).
  • F2: Describes restricted stock units held in a deferred phantom stock account convertible one-for-one upon vesting.
  • F3: RSUs awarded under the LTIP vest in four equal installments (starting March 1 after the award, then Jan 1 of the next three years).
• Filing timeliness: Report appears timely (filed Feb 10 for a Feb 6 transaction).

Context

• These awards are compensation under PACCAR’s Long Term Incentive Plan. The RSUs convert to common stock only after vesting; the option award gives the right to purchase shares subject to plan terms. Such grants are routine executive compensation and do not by themselves indicate insider buying or selling sentiment.