WALTON MICHAEL K 4

4 · PACCAR INC · Filed Mar 6, 2026

AI-generated summary of this filing

Updated Mar 7, 2026

PACCAR (PCAR) VP/GC Michael K. Walton Acquires 54 Shares

What Happened

Michael K. Walton, Vice President and General Counsel of PACCAR (PCAR), acquired two lots of PACCAR stock on 2026-03-04: 17.641 shares at $124.92 each ($2,204) and 36.651 shares at $124.92 each ($4,578), totaling roughly $6,782. Both transactions are reported as "other acquisition or disposition" (code J), not open-market purchases or sales.

Key Details

Transaction date: 2026-03-04; filing date: 2026-03-06 (Form 4 accession 0001225208-26-003355) — filed within the typical Form 4 reporting window.
Prices: $124.92 per share for both lots.
Share counts and values: 17.641 shares ($2,204) and 36.651 shares ($4,578); combined ≈ $6,782.
Shares owned after transaction: Not specified in the excerpt provided.
Footnotes: Filing indicates these were plan-related transactions — dividend reinvestment under the PACCAR Savings Investment Plan (SIP) and conversion/acquisition of share units under deferred compensation/long-term incentive arrangements (see F1, F3–F5). Code J typically covers non-open-market events like reinvestments or conversions.

Context

These acquisitions appear to be routine plan-driven transactions (dividend reinvestment and conversion of deferred/share units) rather than discretionary open-market purchases. Such plan-related buys are common and reflect participation in company compensation and savings programs rather than a separate personal investment decision.

Form 4

Period: 2026-03-04

VICE PRESIDENT/GENERAL COUNSEL

Transactions

Other
Common Stock
[F1][F2]
2026-03-04$124.92/sh+17.641$2,204→ 6,803.955 total(indirect: By PACCAR Savings Investment Plan (SIP))
Other
Stock Units (DCP)
[F3][F4]
2026-03-04$124.92/sh+36.651$4,578→ 13,910.631 total
→ Common Stock (36.651 underlying)

Holdings

Common Stock
2,885
Stock Option
Exercise: $62.87From: 2025-01-01Exp: 2032-02-07→ Common Stock (1,302 underlying)
1,302
Stock Option
Exercise: $71.95From: 2026-01-01Exp: 2033-02-08→ Common Stock (7,918 underlying)
7,918
Stock Option
Exercise: $104.16From: 2027-01-01Exp: 2034-02-05→ Common Stock (6,108 underlying)
6,108
Stock Option
Exercise: $109.13From: 2028-01-01Exp: 2035-02-03→ Common Stock (5,844 underlying)
5,844
Stock Option
Exercise: $127.35From: 2029-01-01Exp: 2036-02-06→ Common Stock (5,674 underlying)
5,674
Stock Units (LTIP)
[F5]
→ Common Stock (2,997 underlying)
2,997

Footnotes (5)

[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]Share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable conditions.
[F4]Dividend on share units held in deferred phantom stock account under PACCAR Deferred Compensation Plan (DCP) reinvested pursuant to DCP.
[F5]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.

Signature

Michael R. Beers, by Power of Attorney|2026-03-06

1 file