Form 4: PACCAR Director Niekamp Reports Stock Unit Acquisition

Director Cynthia A. Niekamp reports acquisition of stock units through dividend reinvestment in PACCAR's Restricted Stock and Deferred Compensation Plan.

Summary

• Cynthia A. Niekamp, a director of PACCAR INC, filed a Form 4 with the SEC.
• The filing reports the acquisition of stock units under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP).
• On September 5, 2024, Niekamp acquired 11.1807 stock units at a price of $92.57 per unit.
• These units were acquired through dividend reinvestment within the RSDCP.
• Niekamp directly owns 3,461.1708 derivative securities following the reported transaction.

Sentiment

Score: 7

Explanation: The document reflects a neutral sentiment as it reports a routine transaction related to director compensation. There are no indications of positive or negative events, just standard reporting.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of stock units acquired through dividend reinvestment.

Key Dates