Bolgar Paulo Henrique 4
Research Summary
AI-generated summary
PACCAR (PCAR) VP Bolgar Paulo Henrique Receives Stock Awards
What Happened
- Bolgar Paulo Henrique, a Vice President at PACCAR (PCAR), received two types of long-term incentive awards on February 6, 2026: an option award covering 9,500 shares and a restricted stock unit (RSU) award for 3,000 shares valued at $127.35 each (total $382,050).
- These are derivative awards under PACCAR’s Long Term Incentive Plan (LTIP) — not open-market purchases or sales — and represent typical executive compensation rather than an immediate cash transaction.
Key Details
- Transaction date: 2026-02-06. Filing date: 2026-02-10 (filed four days after the transaction; appears to be slightly beyond the usual 2-business-day Form 4 deadline).
- Awards: 9,500-share option award (price N/A per filing); 3,000 RSUs at $127.35 each, total value $382,050.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes from the filing: F1 = option awarded under PACCAR LTIP; F2 = RSUs may be held in a deferred phantom stock account and convert one-for-one to common stock upon vesting; F3 = RSUs vest in four equal installments starting March 1 following the award and on January 1 of the next three years.
- Transaction type: A = Award/Grant (derivative instruments), not a purchase (P) or sale (S).
Context
- These awards are grants of long-term incentive compensation. The option award gives the holder the right to buy shares in the future (subject to plan terms), and the RSUs convert to common shares one-for-one when vesting conditions are met.
- Because these are awards (not open-market purchases or sales), they reflect compensation structure rather than an immediate expression of buy/sell sentiment.