BANEY KEVIN D 4
4 · PACCAR INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
PACCAR (PCAR) EVP Kevin D. Baney Acquires 18 Shares via Dividend Reinvestment
What Happened
Kevin D. Baney, Executive Vice President of PACCAR Inc. (PCAR), acquired 18.387 shares on 2026-06-03 at $114.38 per share, a total value of roughly $2,103. The transaction is reported as an "other acquisition or disposition" (code J) and reflects shares acquired through dividend reinvestment rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-03; filing date: 2026-06-05 (filed within the typical 2-business-day Form 4 window).
- Price per share: $114.38; total value: ~$2,103.
- Shares acquired: 18.387 (reported as an acquisition).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnotes: F1 — dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP; F2 — restricted stock units in a deferred phantom stock account under the LTIP convertible one-for-one upon vesting.
- Transaction code J typically denotes a non-standard acquisition (here, dividend reinvestment), not a market buy.
Context
This was a dividend reinvestment into PACCAR shares under the company's SIP, a routine way insiders can increase holdings without an open-market trade. Such reinvestments are common and are not the same signal as an outright discretionary purchase. The filing appears timely under SEC Form 4 rules.
Insider Transaction Report
- Other
Common Stock
[F1]2026-06-03$114.38/sh+18.387$2,103→ 6,055.548 total(indirect: By PACCAR Savings Investment Plan (SIP))
- 13,644
Common Stock
- 11,118
Stock Option
Exercise: $61.26From: 2024-01-01Exp: 2031-02-02→ Common Stock (11,118 underlying) - 11,547
Stock Option
Exercise: $62.87From: 2025-01-01Exp: 2032-02-07→ Common Stock (11,547 underlying) - 10,806
Stock Option
Exercise: $71.95From: 2026-01-01Exp: 2033-02-08→ Common Stock (10,806 underlying) - 12,742
Stock Option
Exercise: $104.16From: 2027-01-01Exp: 2034-02-05→ Common Stock (12,742 underlying) - 23,502
Stock Option
Exercise: $109.13From: 2028-01-01Exp: 2035-02-03→ Common Stock (23,502 underlying) - 26,086
Stock Option
Exercise: $127.35From: 2029-01-01Exp: 2036-02-06→ Common Stock (26,086 underlying) - 8,507
Stock Units (LTIP)
[F2]→ Common Stock (8,507 underlying)
Footnotes (2)
- [F1]Dividend on PACCAR Savings Investment Plan (SIP) shares reinvested pursuant to SIP.
- [F2]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.