DOZIER C MICHAEL 4
Research Summary
AI-generated summary
PACCAR (PCAR) EVP C. Michael Dozier Buys 53 Shares
What Happened
- C. Michael Dozier, Executive Vice President of PACCAR, acquired 53.264 shares on 2026-03-04 at $124.92 per share, a total value of approximately $6,654. The transaction is reported as an "other acquisition or disposition (J)" and, per the filing, represents dividend reinvestment under PACCAR’s Savings Investment Plan (SIP).
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (appears timely, within typical 2-business-day requirement).
- Price: $124.92 per share; Shares acquired: 53.264; Total value: ~$6,654.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes from the filing:
- F1: Dividend on SIP shares reinvested pursuant to the SIP (explains the acquisition).
- F2: Balance includes shares awarded under SIP (company match) exempt under Rule 16b-3.
- F3: Restricted stock units in a deferred phantom stock account under the LTIP convert one-for-one to common stock upon vesting.
- Filing timeliness: Report appears timely (filed two days after the transaction).
Context
- This was a routine dividend reinvestment into PACCAR stock via the company SIP — a common, non-speculative way insiders increase holdings. Such reinvestments are generally considered administrative/routine rather than a direct signal of changed sentiment.