Form 4: PACCAR Executive Poplawski Reports Stock Transactions
SEC Form 4
Vice President and Controller Brice J. Poplawski reports transactions involving PACCAR Inc. common stock and derivative securities.
Summary
- Brice J. Poplawski, Vice President & Controller of PACCAR Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 1, 2025, Poplawski converted 619 restricted stock units (LTIP) into 619 shares of common stock.
- Also on March 1, 2025, 151 shares were disposed of to cover tax liabilities at a price of $107.24 per share.
- Poplawski indirectly owns 17,576.171 shares of common stock through the PACCAR Savings Investment Plan (SIP).
- The report also details holdings of stock options with varying exercise prices and expiration dates.
- A downward adjustment was made to the number of shares due to a minor calculation error on the reporting person's Form 4 filed on February 3, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and are required by the SEC to ensure transparency in the market.
Stakeholder Impact
- Shareholders are informed about insider transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Date exercisable for stock option with exercise price of $61.26 and expiration date of 02/02/2031 |
| 01/01/2025 | Date exercisable for stock option with exercise price of $62.8667 and expiration date of 02/07/2032 |
| 01/01/2026 | Date exercisable for stock option with exercise price of $71.95 and expiration date of 02/08/2033 |
| 01/01/2027 | Date exercisable for stock option with exercise price of $104.16 and expiration date of 02/05/2034 |
| 01/01/2028 | Date exercisable for stock option with exercise price of $109.13 and expiration date of 02/03/2035 |
| 02/03/2025 | Date of original Form 4 filing with a minor calculation error. |
| 03/01/2025 | Date of restricted stock unit conversion and shares withheld for tax liability. |
| 03/04/2025 | Date of Form 4 signature. |
| 02/02/2031 | Expiration date for stock option with exercise price of $61.26 |
| 02/07/2032 | Expiration date for stock option with exercise price of $62.8667 |
| 02/08/2033 | Expiration date for stock option with exercise price of $71.95 |
| 02/05/2034 | Expiration date for stock option with exercise price of $104.16 |
| 02/03/2035 | Expiration date for stock option with exercise price of $109.13 |
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