Form 4: PACCAR Director Hulit Acquires Stock Units Through Dividend Reinvestment

Barbara B. Hulit, a director at PACCAR INC, acquired additional stock units through dividend reinvestment in the company's Restricted Stock and Deferred Compensation Plan.

Summary

• On March 5, 2025, Barbara B. Hulit, a director of PACCAR INC, acquired 16.8538 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 derivative security was $102.97.
• Following the transaction, Hulit directly owns 5,275.7367 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (dividend reinvestment) by a director, indicating continued alignment with the company's performance. This is generally a positive signal, but not a major event.

Positives

• The dividend reinvestment indicates a continued investment and confidence in PACCAR by a member of the board of directors.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's prospects.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's continued investment in the company.

Key Dates