PACCAR INC·4

Apr 29, 6:11 PM ET

Scheiter Dietmar A. 4

Research Summary

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PACCAR (PCAR) Director Dietmar A. Scheiter Receives Award

What Happened
Dietmar A. Scheiter, a member of PACCAR’s board of directors, was granted 1,098 restricted stock units (RSUs) on April 28, 2026. The filing values the award at $119.61 per share, for a total grant value of $131,332. This was an award (transaction code A) and not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-28; filing date: 2026-04-29 (timely filing).
  • Grant: 1,098 restricted stock units @ $119.61 per unit; total value $131,332.
  • Transaction type: Award/Grant (derivative interest — RSUs).
  • Shares owned after transaction: Not reported in the provided filing.
  • Footnote of note: RSUs are held in a deferred phantom stock account under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) and convert 1-for-1 to PACCAR common stock upon satisfaction of vesting conditions.

Context
Restricted stock units for directors are routine compensation and represent a deferred/derivative interest that becomes common stock only if and when vesting conditions are met and conversion occurs. This grant does not indicate an immediate open-market purchase or sale and should be viewed as part of standard director pay rather than a direct trading signal.