Breber Pierre R 4

What Happened
Pierre R. Breber, a PACCAR (PCAR) non-employee director, was credited with two acquisitions of deferred/phantom stock units on 2026-06-03: 11.055 units at $114.38 each ($1,264) and 12.778 units at $114.38 each ($1,462), totaling 23.833 units valued at approximately $2,726. The transactions are reported as "Other acquisition or disposition (J)" and are derivative in nature (not open-market share purchases).

Key Details

• Transaction date: 2026-06-03; filing date: 2026-06-05 (filed 2 days after transaction).
• Prices reported: $114.38 per unit for both line items.
• Units reported acquired: 11.055 and 12.778 (total 23.833 units); aggregate value ≈ $2,726.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code J = "other acquisition or disposition" (commonly used for conversions, reinvestments, or similar non-open-market transactions).
• Relevant footnotes: F1/F3 — units are phantom/restricted stock units in the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) convertible 1-for-1 into common stock upon termination or upon vesting; F2/F4 — dividends on those units are reinvested into additional units.

Context
These credits reflect director deferred compensation mechanics (phantom/restricted stock units) rather than an open-market purchase or sale. Such entries are routine compensation or dividend reinvestment events and do not by themselves indicate immediate buying or selling of PACCAR common stock.