PACCAR (PCAR) VP William Walters Reinvests Dividends to Acquire ~83 Shares

What Happened

• William Lance Walters, a Vice President at PACCAR (PCAR), acquired a total of 83.104 shares on 2026-09-02 through dividend reinvestment transactions. He received 74.929 common shares at $122.13 each (value $9,151) and 8.175 derivative share units at $122.13 each (value $998), for a combined value of approximately $10,149.
• These were acquisitions via reinvested dividends (routine, not open-market purchases) rather than discretionary purchases or sales.

Key Details

• Transaction date: 2026-09-02; Filing date: 2026-09-04 (appears timely for a Form 4).
• Prices reported: $122.13 per share for both entries.
• Shares acquired: 74.929 common shares; 8.175 derivative share units (total 83.104).
• Total reported value: about $10,149.
• Footnotes: F1 indicates the common shares were dividend reinvested under the PACCAR Savings Investment Plan (SIP). F3/F4 indicate the derivative units are share units in the PACCAR Deferred Compensation Plan (DCP) and that dividends on those units were reinvested pursuant to the DCP. F2 notes balances include company match shares under SIP (as applicable).
• Post-transaction total holdings are not specified in the provided details of this summary.

Context

• Dividend reinvestment (code J here) is a routine, automatic way insiders increase stock holdings when dividends are paid; it generally does not signal a new trading view.
• The derivative units are phantom stock/share units under PACCAR's deferred compensation plan that convert one-for-one to common stock upon meeting applicable conditions — they are not the same as an immediate open-market purchase of common shares.