Form 4: PACCAR Director Brice Hill Acquires 1,693 Shares of Common Stock

Director Brice Hill acquired 1,693 shares of PACCAR common stock on January 2, 2025, under the company's Restricted Stock and Deferred Compensation Plan.

Summary

• Brice Hill, a director at PACCAR Inc., acquired 1,693 shares of common stock on January 2, 2025.
• The shares were acquired at a price of $103.42 per share.
• The acquisition was made under the PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• The director now beneficially owns a total of 3,104 shares, which includes 600 shares that were previously omitted from a prior filing.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. The correction of a previous omission is a minor issue.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Director stock acquisitions are a common practice in publicly traded companies as part of their compensation packages.
• The PACCAR Restricted Stock and Deferred Compensation Plan is similar to those offered by other large industrial companies such as Caterpillar (CAT) and Deere & Company (DE).

Stakeholder Impact

• The acquisition of shares by a director can be seen as a positive signal to shareholders.

Key Dates

Keywords

PACCAR, Director, Stock Acquisition, Beneficial Ownership, Restricted Stock, Deferred Compensation, PCAR