Walters William Lance 4

What Happened

• William Lance Walters, a Vice President at PACCAR (PCAR), acquired a total of 88.37 shares on 2026-06-03 through dividend reinvestment and related plan activity. He received 79.668 common shares at $114.38 each (value $9,112) and 8.702 derivative share units at $114.38 each (value $995). The combined value of these acquisitions is about $10,107.
• This was an acquisition (not a sale) and reflects routine plan activity (dividend reinvestment/share-unit credits) rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-03; Filing date: 2026-06-05 (timely filing).
• Prices reported: $114.38 per share for both items.
• Shares acquired: 79.668 common shares (cash-equivalent $9,112) + 8.702 derivative share units (cash-equivalent $995).
• Total value: ≈ $10,107 (≈ $10.1K).
• Shares owned after transaction: not specified in the provided excerpt of the Form 4.
• Footnotes of note:
  • F1/F4: These were dividend amounts reinvested under the PACCAR Savings Investment Plan (SIP) and Deferred Compensation Plan (DCP).
  • F3: The 8.702 items are share units in a deferred phantom stock account (DCP) convertible one-for-one to common stock when conditions are met.
  • F2/F5: Balances include company-match and deferred shares awarded under SIP/DCP and exempt transactions under Rule 16b-3.
• No indication of a 10b5-1 plan, option exercise-and-sell, or tax-withholding sale in this filing.

Context

• Dividend reinvestments and credited deferred-compensation share units are routine administrative transactions and do not necessarily signal a change in executive sentiment about the stock. The derivative units noted are part of a deferred compensation arrangement and convert to common shares only when plan conditions are satisfied.