PACCAR INC: director John Pigott received 318.356 shares

What happened
The Form 4 reports that John Pigott, a director of PACCAR INC, acquired 318.356 derivative shares (stock units) on Oct 1, 2026 at $109.94 per share, for a total reported value of $35,000. The Form 4 was filed on Oct 2, 2026.

Key details

• Transaction date and type: Oct 1, 2026; transaction coded as "other acquisition or disposition (J)".
• Price and value: $109.94 per share; 318.356 shares; total $35,000.
• Shares owned after the transaction: not stated in the filing provided.
• Relevant footnotes included in the filing:
  • F1: Stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon termination of the reporting person's status as a non-employee director.
  • F2: Cash compensation deferred into phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).
  • F3: Restricted stock units held in deferred phantom stock account under PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP) convertible to PACCAR common stock on a 1-for-1 basis upon satisfaction of all applicable vesting conditions.
• Filing date: Form 4 filed Oct 2, 2026.

Why it may matter
The transaction is an acquisition of derivative phantom stock units under PACCAR's restricted stock and deferred compensation plan for non-employee directors, not a market purchase of common stock. A filing does not show why the insider traded or why the company acted.