PACCAR INC: director Ramaswamy Sreeganesh bought 318.356 shares

What happened Ramaswamy Sreeganesh, a director, acquired 318.356 shares as derivative phantom stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors on Oct 1, 2026. The units were recorded at $109.94 per share for a total reported value of $35,000 (transaction code J).

Key details

• Transaction date and price: Oct 1, 2026 — other acquisition (code J) of 318.356 shares at $109.94 per share, total $35,000.
• Shares owned after the transaction: not specified in the filing.
• Relevant footnotes from 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.
• Filed with the SEC on Oct 2, 2026. The filing does not indicate it was late.

Why it may matter This was an acquisition of derivative phantom stock units that are convertible to PACCAR common stock under the non-employee director plan. A filing does not show why the insider traded or why the company acted.