Form 4: PACCAR Executive Chairman Mark Pigott Increases Stake Through Routine Dividend Reinvestment

PACCAR's Executive Chairman and Director, Mark C. Pigott, acquired 604.747 shares of common stock on June 4, 2025, through the reinvestment of dividends in the company's Savings Investment Plan.

Summary

• Mark C. Pigott, Executive Chairman and Director of PACCAR INC (PCAR), reported a change in beneficial ownership of common stock.
• On June 4, 2025, Mr. Pigott acquired 604.747 shares of PACCAR Common Stock at a price of $92.52 per share.
• This acquisition was a dividend reinvestment on shares held within the PACCAR Savings Investment Plan (SIP).
• Following this transaction, Mr. Pigott's beneficial ownership includes 171,425.523 shares indirectly held through the PACCAR Savings Investment Plan (SIP).
• Additionally, Mr. Pigott directly owns 5,082,345 shares of Common Stock.
• An additional 424,920 shares are indirectly owned by his wife and children.

Sentiment

Score: 7

Explanation: The transaction is a routine dividend reinvestment, which is a positive but not highly significant indicator of insider confidence. It represents a steady, expected increase in executive ownership.

Positives

• The acquisition of shares by an executive, even through dividend reinvestment, indicates continued participation and confidence in the company's equity by its leadership.
• The transaction increases the total beneficial ownership of the Executive Chairman in PACCAR, aligning management's interests further with shareholders.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis. It pertains specifically to an individual executive's share ownership in PACCAR.

Related Party Transactions

• The acquisition of shares occurred through the PACCAR Savings Investment Plan (SIP), which is an employee benefit plan.
• Shares are also indirectly owned by the reporting person's wife and children.

Stakeholder Impact

• Shareholders may view the Executive Chairman's continued accumulation of shares, even through routine dividend reinvestment, as a positive signal of management's alignment with shareholder interests and long-term confidence in the company.

Key Dates

Keywords

PACCAR, PCAR, Mark Pigott, Form 4, Insider Transaction, Dividend Reinvestment, Common Stock, Beneficial Ownership, Executive Chairman