Gryniewicz Craig R 4
Research Summary
AI-generated summary
PACCAR VP Craig R. Gryniewicz Acquires 19.537 Shares via SIP
What Happened
- Craig R. Gryniewicz, Vice President of PACCAR Inc. (PCAR), acquired 19.537 shares on March 4, 2026. The shares were added at $124.92 per share for a total value of approximately $2,441. The transaction is recorded as an "other acquisition or disposition" (code J) and reflects a dividend reinvestment under PACCAR’s Savings Investment Plan (SIP).
Key Details
- Transaction date and price: 2026-03-04 at $124.92 per share.
- Shares acquired: 19.537; aggregate value ≈ $2,441.
- Transaction type/code: Other acquisition (J) — dividend reinvested into SIP.
- Filing date: Form 4 filed 2026-03-06 for the 2026-03-04 transaction (timely filing).
- Footnotes from the filing:
- F1: Dividend on PACCAR SIP shares reinvested pursuant to SIP.
- F2: Balance includes shares awarded under PACCAR SIP (company match) exempt under Rules 16b-3(c) and 16b-3(d).
- F3: Restricted stock units held in deferred phantom stock account under LTIP convertible one-for-one upon vesting.
- Total shares owned after the transaction: not specified in the provided summary.
Context
- This was a routine dividend reinvestment into the company’s employee savings plan, a common way insiders increase holdings without an open-market purchase. Such SIP reinvestments generally reflect dividend policy and participation in employee benefit plans rather than an active market-timing decision.