Breber Pierre R 4

What Happened

• Pierre R. Breber, a PACCAR (PCAR) director, had an other acquisition (code J) on 2026-07-01: 412.405 phantom stock units recorded at $121.24 each, total value $50,000. The units are derivative phantom stock (deferred stock units) rather than immediate common shares.

Key Details

• Transaction date and price: July 1, 2026 at $121.24 per unit (total $50,000).
• Transaction type: Other acquisition (code J) — derivative phantom stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for Non‑Employee Directors (RSDCP).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 = units are convertible 1-for-1 to PACCAR common stock upon termination of non‑employee director status; F2 = amount represents cash compensation deferred into the phantom account; F3 = restricted stock units in the plan convert 1-for-1 upon vesting.
• Filing timeliness: Reported for the same period/date (2026-07-01); not indicated as late.

Context

• These are deferred phantom stock units used for non‑employee director compensation, not an open‑market stock purchase. They convert to actual shares (1:1) upon the director’s termination or upon satisfaction of vesting conditions, so they do not immediately increase publicly tradable share count.
• Such transactions are routine for director compensation; they reflect deferral of cash into equity‑linked units rather than an independent market sentiment signal.