Bolgar Paulo Henrique 4

What Happened Paulo Bolgar, a Vice President at PACCAR (PCAR), had restricted stock units (RSUs) convert into 750 shares of common stock on March 1, 2026 (exercise/conversion reported as M, acquired at $0.00). To cover tax withholding associated with the vesting, 296 shares were surrendered on March 2, 2026 at an implied value of $126.09 per share, totaling about $37,323 (reported as disposition code F). This was a vesting/settlement event, not an open-market purchase or sale for investment purposes.

Key Details

• Transaction dates and prices:
  • 2026-03-01: Exercise/conversion of 750 RSUs into 750 shares (reported price $0.00 — RSU vesting).
  • 2026-03-02: 296 shares withheld for tax payment at $126.09 per share, total ≈ $37,323 (code F).
  • Filing accession: 0001225208-26-002855; report filed 2026-03-02 for transactions on 2026-03-01/03-02 (appears timely).
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes:
  • F1/F3: These were RSUs under PACCAR’s LTIP that convert one-for-one to common stock upon vesting; awards vest in four installments per the plan.
  • F2: Shares were withheld to pay the tax liability arising from vesting.
• Filing timeliness: Reported the day after vesting/withholding — no late filing indicated.

Context This was a routine vesting and tax-withholding event (conversion of RSUs), not an open-market sale or purchase. Withholding shares to cover taxes is common and generally reflects standard compensation settlement rather than a trading decision. The filing’s derivative entries reflect the RSU conversion process; no cashless market sale for investment purposes was reported.