Poplawski Brice J 4
Research Summary
AI-generated summary
PACCAR CFO Brice Poplawski Reinvests Dividend to Acquire 48 Shares
What Happened Brice J. Poplawski, Sr. Vice President & Chief Financial Officer of PACCAR Inc. (PCAR), acquired 48.023 shares on 2026-03-04 at $124.92 per share for a total of about $5,999. The Form 4 reports the transaction as code "J" (other acquisition/disposition); a footnote indicates this was a dividend on PACCAR Savings Investment Plan (SIP) shares that was automatically reinvested.
Key Details
- Transaction date: 2026-03-04; reported on Form 4 filed 2026-03-06 (timely filing).
- Price: $124.92 per share; Shares acquired: 48.023; Total value ≈ $5,999.
- Transaction code: J = Other acquisition (dividend reinvestment per footnote F1).
- Shares owned after the transaction: not specified in the provided summary.
- Relevant footnotes:
- F1: Dividend on PACCAR SIP shares reinvested pursuant to SIP.
- F2: Balance includes company match shares awarded under SIP (exempt under Rule 16b-3).
- F3: Restricted stock units held in LTIP phantom account convertible one-for-one upon vesting.
Context Dividend reinvestment purchases are routine and typically reflect plan mechanics rather than a new, active buy decision; they are smaller and less informative about insider sentiment than open-market purchases. The filing shows a modest SIP reinvestment and includes notes about company match and deferred LTIP units, which affect reported balances but do not imply immediate sale or market action.