Form 4: PACCAR Director Mark A. Schulz Reports Acquisition of Stock Units
SEC Form 4 Filing
Director Mark A. Schulz reports acquisition of stock units in PACCAR Inc. through dividend reinvestment.
Summary
- Mark A. Schulz, a director of PACCAR Inc., filed a Form 4 on March 7, 2024, reporting a transaction that occurred on March 6, 2024.
- The transaction involved the acquisition of 74.1292 stock units (RSDCP) at a price of $115.47.
- These stock units were acquired through dividend reinvestment under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP).
- Following the reported transaction, Schulz beneficially owns 13,456 shares of common stock directly and 31,776.7022 stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It is neutral in tone and doesn't convey any particularly positive or negative sentiment.
Positives
- The acquisition of stock units through dividend reinvestment demonstrates Schulz's continued investment in PACCAR's future.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily indicate a broader trend in the industry.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Acquisition of stock units. |
| 03/07/2024 | Date of Form 4 filing. |
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