Form 4: PACCAR Director Mark A. Schulz Reports Stock Unit Acquisition
SEC Form 4 Filing
Director Mark A. Schulz reports acquisition of stock units and reinvestment of dividends in PACCAR restricted stock units.
Summary
- Mark A. Schulz, a director of PACCAR INC, reported a transaction on March 5, 2025.
- The transaction involved the acquisition of stock units (RSDCP) and reinvestment of dividends.
- 105.5466 stock units were acquired at a price of $102.97.
- These units are held in a deferred phantom stock account under the PACCAR Restricted Stock and Deferred Compensation Plan for non-Employee Directors (RSDCP).
- Schulz directly owns 15,149 shares of common stock.
- Following the reported transactions, Schulz beneficially owns 33,039.266 derivative securities.
Sentiment
Score: 7
Explanation: The document reflects standard insider transactions, suggesting stability and alignment of interests. It is neither overly positive nor negative.
Positives
- The director's participation in the RSDCP and dividend reinvestment plan demonstrates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions reported may have a minor positive impact on shareholder confidence due to the director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: acquisition of stock units and dividend reinvestment. |
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