PACCAR (PCAR) Director Barbara Hulit Receives 20 RSUs

What Happened

• Barbara B. Hulit, a director of PACCAR Inc. (PCAR), acquired 20.066 derivative shares on 2026-09-02 reported as an "Other acquisition or disposition (J)." The units are recorded at $122.13 each for a total reported value of approximately $2,451. These are restricted stock units (RSUs) held in a deferred phantom stock account and are convertible 1-for-1 to PACCAR common stock upon satisfaction of vesting and other plan conditions.

Key Details

• Transaction date: 2026-09-02; Filing date: 2026-09-03 (filed next day).
• Amount: 20.066 RSUs at $122.13 per share; total reported value ≈ $2,451.
• Security type: Derivative (restricted stock units in PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors).
• Footnotes: F1 — RSUs held in a deferred phantom stock account convert 1-for-1 to common stock when vesting conditions are met. F2 — Dividends on RSUs are reinvested as additional RSUs under the plan.
• Shares owned after transaction: not stated in the provided filing details.

Context

• This was not a cash open-market purchase of common shares but an acquisition of RSUs (a deferred/derivative award). Such transactions typically reflect plan compensation and not an immediate change in voting or saleable shares until conversion/vesting occurs. The filing was submitted promptly (next business day).