Rich John N 4
4 · PACCAR INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
PACCAR CTO John N. Rich Buys 4 Shares via Dividend Reinvestment
What Happened
John N. Rich, Vice President & Chief Technology Officer of PACCAR Inc. (PCAR), recorded an acquisition of 4.018 shares of PACCAR common stock on 2026-06-03. The shares were acquired at $114.38 each for a total value of approximately $460. The Form 4 reports the transaction type as "Other acquisition or disposition (J)" and is annotated as dividend reinvestment.
Key Details
- Transaction date: 2026-06-03; filing date (Form 4): 2026-06-05.
- Transaction: Acquisition of 4.018 shares at $114.38 per share; total ≈ $460.
- Transaction code: J (other acquisition/disposition) — here, a dividend reinvestment under the PACCAR Savings Investment Plan (SIP) (Footnote F1).
- Shares owned after the transaction: Not stated in the provided filing excerpt.
- Footnote F2 indicates the insider holds restricted stock units in a deferred phantom stock account under the LTIP, convertible one-for-one upon vesting (separate from this SIP reinvestment).
Context
This was a small, routine purchase resulting from automatic dividend reinvestment rather than an open-market buy or option exercise. Such SIP reinvestments are common and generally reflect dividend policy mechanics rather than a directional trading signal from the insider. The filing appears timely (filed two days after the reported transaction).
Insider Transaction Report
- Other
Common Stock
[F1]2026-06-03$114.38/sh+4.018$460→ 1,323.239 total(indirect: By PACCAR Savings Investment Plan (SIP))
- 8,127
Common Stock
- 11,574
Stock Option
Exercise: $62.87From: 2025-01-01Exp: 2032-02-07→ Common Stock (11,574 underlying) - 11,944
Stock Option
Exercise: $71.95From: 2026-01-01Exp: 2033-02-08→ Common Stock (11,944 underlying) - 13,164
Stock Option
Exercise: $104.16From: 2027-01-01Exp: 2034-02-05→ Common Stock (13,164 underlying) - 14,642
Stock Option
Exercise: $109.13From: 2028-01-01Exp: 2035-02-03→ Common Stock (14,642 underlying) - 22,800
Stock Option
Exercise: $127.35From: 2029-01-01Exp: 2036-02-06→ Common Stock (22,800 underlying) - 6,842
Stock Units (LTIP)
[F2]→ Common Stock (6,842 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.