Form 4: PACCAR Director Alison J. Carnwath Reports Changes in Beneficial Ownership

Alison J. Carnwath, a director at PACCAR Inc., reported the acquisition of additional stock units through dividend reinvestment in the company's Restricted Stock and Deferred Compensation Plan.

Summary

• On June 5, 2024, Alison J. Carnwath, a director of PACCAR Inc., reported changes in beneficial ownership to the SEC.
• The transaction involved the acquisition of 50.2356 stock units through dividend reinvestment under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP).
• These stock units are convertible to PACCAR common stock on a 1-for-1 basis upon vesting.
• The price of the derivative security was $110.01.
• Following the reported transaction, Carnwath beneficially owns 18,471.6191 derivative securities directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through dividend reinvestment, which is generally seen as a positive sign.

Positives

• The acquisition of stock units through dividend reinvestment demonstrates the director's continued investment in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the actions of company directors. It is common for directors to accumulate shares through compensation plans and dividend reinvestment.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it reflects a director's continued investment in the company.

Key Dates