Form 4: PACCAR Director John Pigott Reports Changes in Beneficial Ownership
SEC Form 4
Director John Pigott reports changes in beneficial ownership of PACCAR Inc. stock, including acquisitions of stock units and holdings through trusts.
Summary
- John Pigott, a director of PACCAR Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report includes transactions related to common stock and stock units held directly and indirectly through Grantor Retained Annuity Trusts and a trust held for children.
- Pigott directly owns 2,283,953 shares of PACCAR common stock.
- He also indirectly owns 51,526 shares through Grantor Retained Annuity Trusts and 1,079,416 shares through a trust held for children.
- The report indicates the acquisition of 356.9607 stock units on October 1, 2024, at a price of $98.05 per unit.
- Pigott holds 1,245.7716 stock units directly and 65,489.4971 restricted stock units (RSDCP) directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to insider trading and ownership, which is common for publicly traded companies like PACCAR. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership and transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of earliest transaction and acquisition of stock units. |
| 10/02/2024 | Date of signature by Power of Attorney. |
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