Bloch Laura J 4

What Happened
Laura J. Bloch, Senior Vice President of PACCAR (PCAR), received long-term incentive awards on February 6, 2026: 13,260 stock options and 4,244 restricted stock units (RSUs). The 4,244 RSUs are reported at $127.35 each for a total grant value of $540,473. The 13,260-item award is an option grant (exercise price not shown in the excerpt).

Key Details

• Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-10). Filing appears timely under the two-business-day rule.
• Awards: 13,260 options (derivative award; price N/A in filing) and 4,244 RSUs at $127.35 each (total $540,473).
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnotes from the filing:
  • F1: Option to buy awarded under PACCAR Long Term Incentive Plan (LTIP) — applies to the option grant.
  • F3: RSUs awarded under LTIP and convertible one-for-one to common stock upon vesting; vest in four equal installments starting March 1 following the award, then Jan 1 of each of the next three years — applies to the RSU grant.
  • F2: Describes RSUs held in a deferred/phantom stock account under the LTIP (may apply if deferral election is made).
• Transaction code: A = Award/Grant.

Context
These are compensation awards under PACCAR’s LTIP, not open-market purchases or sales. Option grants give the holder the right to buy shares in the future (subject to exercise price and vesting); RSUs convert to one share each when vesting conditions are met. Awards are common for executives as long-term retention and performance incentives and do not by themselves indicate immediate buying or selling of company stock.