Form 4: PACCAR Director Alison J. Carnwath Reports Stock Unit Acquisition

Director Alison J. Carnwath reports acquisition of PACCAR stock units through dividend reinvestment in a deferred compensation plan.

Summary

• On September 5, 2024, Alison J. Carnwath, a director of PACCAR INC, acquired stock units under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP).
• The transaction involved the reinvestment of dividends on restricted stock units into additional restricted stock units.
• A total of 59.8627 stock units were acquired at a price of $92.57 each.
• Following the transaction, Carnwath directly owns 18,531.4818 derivative securities.
• The stock units are convertible to PACCAR common stock on a 1-for-1 basis upon vesting.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction indicating continued investment by a director, but it's not a major event that would drastically alter investor perception.

Positives

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

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's investment in the company.

Key Dates