Form 4: PACCAR Director Hill Acquires 811 Shares of Common Stock
SEC Form 4 Filing
Director Brice Hill acquired 811 shares of PACCAR Inc. common stock on July 1, 2024, under the company's Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
Summary
- On July 1, 2024, Brice Hill, a director of PACCAR Inc., acquired 811 shares of common stock.
- The acquisition was made under the PACCAR Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (RSDCP).
- The price per share was $101.84.
- Following the transaction, Mr. Hill directly owns 811 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. It doesn't inherently indicate positive or negative performance, but rather a routine part of executive compensation.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This is a routine filing related to director compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Brice Hill acquired 811 shares of PACCAR common stock. |
| 07/02/2024 | Date of signature: Michael R. Beers, by Power of Attorney, signed the Form 4 on behalf of Brice Hill. |
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