PACCAR (PCAR) Director Dietmar Scheiter Acquires 3 RSUs

What Happened

• Dietmar A. Scheiter, a PACCAR director, reported an acquisition on 2026-09-02 of 3.156 restricted stock units (RSUs) valued at $122.13 each, total value $385. The transaction is reported as an "Other acquisition" (code J) and reflects a derivative award rather than an open-market stock purchase.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-03 (timely filing).
• Price reported: $122.13 per share; total reported value: $385.
• Transaction type: Other acquisition (code J) — derivative (restricted stock units held in a deferred phantom stock account).
• Shares/units acquired: 3.156 RSUs.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 — RSUs are held in a deferred phantom stock account under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP) and convert 1-for-1 to PACCAR common stock when vesting conditions are met. F2 — the filing indicates the increase reflects dividend on RSUs reinvested into additional RSUs under the RSDCP.

Context

• This was not an open-market purchase of common stock but an accrual of additional RSUs (a derivative/compensation event). Such dividend reinvestments are routine for director deferred compensation plans and do not necessarily indicate a change in the insider’s market view.