Form 4: PACCAR Director John Pigott Reports Changes in Beneficial Ownership

Director John Pigott reports changes in beneficial ownership of PACCAR Inc. stock, including acquisitions of stock units and holdings through trusts.

Summary

• On April 1, 2024, John Pigott, a director of PACCAR Inc., reported changes in his beneficial ownership of the company's stock.
• These changes include the acquisition of stock units under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP).
• 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 his children.
• The reported transactions involve stock units convertible to PACCAR common stock on a 1-for-1 basis upon termination of his status as a non-employee director or satisfaction of vesting conditions.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard reporting requirements for insider transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is a common practice among publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key company director.

Key Dates