Scheiter Dietmar A. 4
Research Summary
AI-generated summary
PACCAR Director Dietmar A. Scheiter Acquires 3.36 RSUs
What Happened
- Dietmar A. Scheiter, a PACCAR (PCAR) director, recorded an acquisition on 2026-06-03 of 3.36 derivative shares (restricted stock units) at an implied price of $114.38 per share, total value $384. This was an “other acquisition” (code J) under the company’s director deferred stock plan, not an open-market purchase.
Key Details
- Transaction date and price: 2026-06-03 at $114.38 per share (3.36 shares; $384 total).
- Transaction type: Code J — other acquisition of a derivative security (restricted stock units in deferred phantom stock account).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — RSUs held in a deferred phantom stock account under PACCAR’s Restricted Stock and Deferred Compensation Plan (RSDCP) convert 1-for-1 to PACCAR common stock when vesting conditions are met. F2 — Dividends on RSUs under RSDCP are reinvested into additional RSUs.
- Filing timeliness: Reported period 2026-06-03, filed 2026-06-05 (appears timely based on provided dates).
Context
- This derivative acquisition reflects additional restricted stock units in a director deferred-compensation program (likely dividend reinvestment or plan crediting), not a market buy; such plan-related acquisitions are routine and do not necessarily signal insider sentiment about the company’s stock price.