Rich John N 4

What Happened

• John N. Rich, Vice President & Chief Technology Officer of PACCAR (PCAR), received equity awards on Feb 6, 2026. The filing shows a grant of an option to purchase 22,800 shares (derivative award) and a grant of 4,784 restricted stock units (RSUs) recorded at $127.35 each (total value ≈ $609,242). These were reported on a Form 4 filed Feb 10, 2026.

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-10 (covers the Feb 6 awards).
• Awards recorded: 22,800-option award (derivative, no per-share price listed) and 4,784 RSUs at $127.35/share (total ≈ $609,242).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = option awarded under PACCAR Long Term Incentive Plan (LTIP). F3 = RSUs awarded under LTIP; RSUs convert 1-for-1 to common stock upon satisfaction of vesting conditions and vest in four equal installments beginning March 1 following the award, then on Jan 1 of each of the next three years.
• No indication in the provided data of a 10b5-1 plan, cashless exercise, sale, or tax-withholding transaction tied to these grants.

Context

• These were awards (compensation grants), not open-market purchases or sales. The 22,800-item is an option grant (a derivative award granting the right to buy shares subject to plan terms); the 4,784 RSUs are units that will convert to common shares as they vest per the LTIP schedule. Awards like these are routine executive compensation and do not by themselves indicate immediate buying or selling of shares.