Form 4: PACCAR EVP Baney Boosts Stake via Dividend Reinvestment
Insider Transaction Report
PACCAR Executive Vice President Kevin D. Baney increased his indirect beneficial ownership of common stock through a dividend reinvestment plan.
Summary
- Kevin D. Baney, Executive Vice President of PACCAR INC, reported changes in his beneficial ownership of company securities.
- Acquired 17.889 shares of PACCAR Common Stock indirectly through the PACCAR Savings Investment Plan (SIP) on December 3, 2025, at a price of $108.54 per share.
- This acquisition resulted from the reinvestment of dividends within the SIP.
- Following this transaction, Mr. Baney beneficially owns 5,808.487 shares indirectly via the SIP and 10,292 shares directly.
- Holds various stock options with exercise prices ranging from $50.7867 to $109.13, and expiration dates from February 4, 2030, to February 3, 2035.
- Also holds 6,442 Stock Units (LTIP), which are restricted stock units convertible to common stock on a one-for-one basis upon satisfaction of vesting conditions.
Sentiment
Score: 6
Explanation: The filing reports an executive's acquisition of shares through a dividend reinvestment plan, which is a routine transaction but still indicates continued participation and alignment with shareholder interests.
Positives
- Executive Vice President Kevin D. Baney increased his indirect beneficial ownership of PACCAR common stock through dividend reinvestment, signaling continued participation and alignment with shareholder interests.
- The transaction was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged, non-discretionary transaction.
Stakeholder Impact
- Shareholders: May view the executive's continued investment as a positive signal of confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 01/01/2023 | Date exercisable for stock option with exercise price $50.7867 |
| 01/01/2024 | Date exercisable for stock option with exercise price $61.26 |
| 01/01/2025 | Date exercisable for stock option with exercise price $62.8667 |
| 12/03/2025 | Transaction date for common stock acquisition via SIP |
| 12/05/2025 | Signature date of reporting person |
| 01/01/2026 | Date exercisable for stock option with exercise price $71.95 |
| 01/01/2027 | Date exercisable for stock option with exercise price $104.16 |
| 01/01/2028 | Date exercisable for stock option with exercise price $109.13 |
| 02/04/2030 | Expiration date for stock option with exercise price $50.7867 |
| 02/02/2031 | Expiration date for stock option with exercise price $61.26 |
| 02/07/2032 | Expiration date for stock option with exercise price $62.8667 |
| 02/08/2033 | Expiration date for stock option with exercise price $71.95 |
| 02/05/2034 | Expiration date for stock option with exercise price $104.16 |
| 02/03/2035 | Expiration date for stock option with exercise price $109.13 |
Keywords
PACCAR, PCAR, Form 4, insider transaction, beneficial ownership, stock options, executive compensation, dividend reinvestment, Rule 10b5-1
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