Form 4: PACCAR Director Franklin Feder Reports Stock Unit Acquisition

Director Franklin Feder reported the acquisition of stock units through dividend reinvestment in PACCAR's Restricted Stock and Deferred Compensation Plan.

Summary

• Franklin Feder, a director of PACCAR INC, reported a transaction on June 5, 2024.
• The transaction involved the acquisition of 58.4083 stock units 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 acquisition was a result of dividend reinvestment within the RSDCP.
• The price of the stock units was $110.01.
• Following the transaction, Feder directly owns 21,476.725 stock units.

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. It's a routine transaction, but indicates confidence.

Positives

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

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director's holdings.

Key Dates