FEIGHT R PRESTON 4
4 · PACCAR INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
PACCAR CEO Feight R. Preston Acquires 46.246 Shares
What Happened Feight R. Preston, CEO of PACCAR (PCAR), acquired 46.246 shares on March 4, 2026 at $124.92 per share, a transaction valued at approximately $5,777. The acquisition is reported under code J ("other acquisition or disposition") and is the result of dividend reinvestment through PACCAR's Savings Investment Plan (SIP), a routine corporate benefit rather than an open-market purchase.
Key Details
- Transaction date and price: 2026-03-04 — 46.246 shares at $124.92 each (≈ $5,777 total).
- Filing date: 2026-03-06 (filed within the typical 2-business-day window; not marked late).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Dividend on SIP shares was reinvested pursuant to the SIP (explains the acquisition).
- F2: Balance may include company match shares awarded under SIP, exempt under Rule 16b-3.
- F3: Restricted stock units in a deferred phantom stock account (LTIP) convert 1:1 to common stock upon vesting.
Context Dividend reinvestments under a company savings/investment plan are common and typically routine, reflecting automatic reinvestment of dividends rather than a discretionary buy or sell by the insider. The filing also indicates the CEO holds additional compensation-related shares (company match and deferred RSUs) that may convert to common stock if vesting conditions are met.
Insider Transaction Report
- Other
Common Stock
[F1][F2]2026-03-04$124.92/sh+46.246$5,777→ 17,644.882 total(indirect: By PACCAR Savings Investment Plan (SIP))
- 249,081
Common Stock
- 141,038
Stock Option
Exercise: $71.95From: 2026-01-01Exp: 2033-02-08→ Common Stock (141,038 underlying) - 104,244
Stock Option
Exercise: $104.16From: 2027-01-01Exp: 2034-02-05→ Common Stock (104,244 underlying) - 92,768
Stock Option
Exercise: $109.13From: 2028-01-01Exp: 2035-02-03→ Common Stock (92,768 underlying) - 89,994
Stock Option
Exercise: $127.35From: 2029-01-01Exp: 2036-02-06→ Common Stock (89,994 underlying) - 60,558
Stock Units (LTIP)
[F3]→ Common Stock (60,558 underlying)
Footnotes (3)
- [F1]Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP.
- [F2]Balance includes shares awarded under PACCAR Savings Investment Plan (Company match) in exempt transaction(s) under Rule16b-3(c) and Rule 16b-3(d).
- [F3]Restricted stock units held in deferred phantom stock account under Long Term Incentive Plan (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.