Form 4: PACCAR Director Roderick C. McGeary Reports Stock Unit Acquisition

Director Roderick C. McGeary reports acquisition of stock units in PACCAR Inc. through dividend reinvestment.

Summary

• On January 8, 2025, Roderick C. McGeary, a director of PACCAR Inc., acquired 1,317.2219 stock units.
• These units were obtained through the reinvestment of dividends from restricted stock units under the PACCAR Restricted Stock and Deferred Compensation Plan (RSDCP).
• The price of the stock units was $108.5.
• Following the transaction, McGeary directly owns 50,649.7455 stock units.
• These restricted stock units are held in a deferred phantom stock account and are convertible to PACCAR common stock on a 1-for-1 basis upon vesting.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through dividend reinvestment, which is generally seen as a good sign.

Positives

• The acquisition of stock units through dividend reinvestment demonstrates the director's continued investment in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.

Stakeholder Impact

• The transaction provides shareholders with insight into the director's investment activity.

Key Dates