Form 4: PACCAR Director Franklin Feder Reports Stock Unit Acquisition

Director Franklin Feder reports acquisition of stock units in PACCAR Inc. through dividend reinvestment.

Summary

• On March 6, 2024, Franklin Feder, a director of PACCAR Inc., acquired 49.965 stock units through dividend reinvestment under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP).
• These restricted stock units are held in a deferred phantom stock account and are convertible to PACCAR common stock on a 1-for-1 basis upon vesting.
• The price of the stock units was $115.47.
• Following the transaction, Feder directly owns 21,418.3167 derivative securities.

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 and doesn't indicate any significant positive or negative developments.

Positives

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

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 minimal direct impact on stakeholders, as it is a routine insider transaction.

Key Dates