WALTON MICHAEL K 4

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.