Gryniewicz Craig R 4

What Happened

• Craig R. Gryniewicz, a Vice President at PACCAR, received equity awards on February 6, 2026. The Form 4 shows two derivative awards: 8,014 units reported with no per-share price (option-style award) and 2,532 restricted stock units (RSUs) valued at $127.35 each, totaling about $322,450. These are awards/compensation grants, not open-market purchases or sales.

Key Details

• Transaction date: February 6, 2026; Form 4 filed February 10, 2026 (timely filing).
• Awards: 8,014 (derivative/option-style award; exercise/settlement price not reported on this line) and 2,532 RSUs at $127.35 each (total value ≈ $322,450).
• Shares owned after transaction: Not disclosed in the excerpt provided on this filing.
• Footnotes: F1 = option awarded under PACCAR Long Term Incentive Plan (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 after the award and on Jan 1 of the next three years.
• Filing timeliness: Filed within the required reporting window (Form filed Feb 10 for Feb 6 transaction).

Context

• These transactions are grants as part of PACCAR’s LTIP (compensation), which is routine for executives and does not represent an open-market buy or sell. The RSUs convert to common shares one-for-one when vesting conditions are met; the option-style award gives the holder a right to acquire shares under plan terms (vesting/exercise terms apply).