Form 4: PACCAR Director Dietmar Scheiter Acquires Stock Units

Director Dietmar A. Scheiter acquired 1,098 restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan.

Summary

• Director Dietmar A. Scheiter was granted 1,098 restricted stock units (RSUs) on April 28, 2026.
• The units were acquired under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP).
• The units are convertible to PACCAR common stock on a 1-for-1 basis upon meeting vesting conditions.
• The transaction price for the units was $119.61 per unit.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Director alignment with shareholder interests through equity-based compensation.

Future Outlook

The units are held in a deferred phantom stock account and will convert to common stock upon satisfaction of vesting conditions.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice designed to align board member incentives with long-term shareholder value in the heavy-duty truck and industrial manufacturing sector.

Comparison to Industry Standards

• The use of deferred compensation plans for directors is consistent with standard practices among S&P 500 industrial companies.
• The 1-for-1 conversion ratio is standard for RSU-based director compensation programs.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Vesting of the restricted stock units according to the RSDCP plan terms.

Key Dates

Keywords

PACCAR, PCAR, Director, Insider Transaction, Restricted Stock Units, Equity Compensation