Form 4: PACCAR Director Breber Pierre R. Reports Stock Unit Acquisition
SEC Form 4 Filing
Director Pierre R. Breber reports acquisition of stock units and deferred compensation units in PACCAR Inc.
Summary
- Pierre R. Breber, a director of PACCAR INC, reported changes in beneficial ownership on April 1, 2025.
- Breber acquired 406.959 stock units through deferred compensation at a price of $98.29.
- Following the transaction, Breber directly owns 8,015 shares of common stock and 1,585.7018 stock units.
- Breber also holds 2,539.3555 restricted stock units (RSDCP).
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard disclosure of stock unit acquisition. The director's increased stake could be seen as mildly positive.
Positives
- The acquisition of stock units by a director may signal confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it reflects insider confidence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction (acquisition of stock units). |
| 04/02/2025 | Date of signature by Power of Attorney. |
Keywords
PACCAR, Director, Stock Units, Beneficial Ownership, Form 4, RSDCP, Deferred Compensation
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