PACCAR INC·4

Mar 2, 4:39 PM ET

Gryniewicz Craig R 4

Research Summary

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PACCAR (PCAR) VP Craig R. Gryniewicz Exercises RSUs, Withholds Shares

What Happened
Craig R. Gryniewicz, a Vice President at PACCAR, had 633 restricted stock units (RSUs) convert into 633 shares on March 1, 2026. To satisfy tax withholding related to the vesting, 250 of those shares were surrendered/withheld on March 2, 2026 at an implied value of $126.09 per share, totaling $31,523. The net result is that 383 shares were issued to the reporting person after withholding (633 converted minus 250 withheld).

Key Details

  • Transaction dates: RSU conversion recorded 2026-03-01; tax withholding recorded 2026-03-02.
  • Conversion: 633 RSUs converted one-for-one into common shares (code M — exercise/conversion of derivative).
  • Withholding: 250 shares withheld for tax liability at $126.09 each (code F), value $31,523.
  • Net issued to insider (implied): 383 shares retained after withholding.
  • Shares owned after transaction: not stated in the provided filing summary.
  • Footnotes: F1/F3 — RSUs convert one-for-one upon vesting under PACCAR’s LTIP; F2 — shares were withheld to pay tax liability.
  • Timeliness: filing does not indicate a late report in the supplied data.

Context
This was a routine vesting of RSUs and subsequent tax-withholding, not an open-market sale or purchase. Withholding shares to cover taxes is common and does not necessarily signal a buy or sell decision about the company’s stock. For retail investors, purchases by insiders can be more informative than routine vesting; this transaction primarily reflects compensation vesting and tax obligations.