Form 4: PACCAR Executive Vice President Michael Dozier Reports Stock Acquisition
SEC Form 4 Filing
Executive Vice President Michael Dozier reports acquisition of PACCAR common stock through dividend reinvestment and holdings in derivative securities.
Summary
- Michael Dozier, Executive Vice President of PACCAR INC, reported a transaction on September 5, 2024.
- Dozier acquired 61.281 shares of common stock at $92.57 through a dividend reinvestment in the PACCAR Savings Investment Plan (SIP).
- Following the transaction, Dozier directly owns 24,660 shares and indirectly owns 18,922.59 shares through the SIP.
- Dozier also holds derivative securities including stock options with various exercise prices and expiration dates, and stock units (LTIP) convertible to common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of shares through dividend reinvestment is a mildly positive signal.
Positives
- The acquisition of shares through dividend reinvestment indicates confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Date stock options for 20,682 shares become exercisable. |
| 02/02/2031 | Expiration date for stock options for 20,682 shares. |
| 01/01/2025 | Date stock options for 19,494 shares become exercisable. |
| 02/07/2032 | Expiration date for stock options for 19,494 shares. |
| 01/01/2026 | Date stock options for 38,900 shares become exercisable. |
| 02/08/2033 | Expiration date for stock options for 38,900 shares. |
| 01/01/2027 | Date stock options for 28,610 shares become exercisable. |
| 02/05/2034 | Expiration date for stock options for 28,610 shares. |
| 09/05/2024 | Date of the reported transaction: acquisition of common stock through dividend reinvestment. |
| 09/06/2024 | Date of signature for the Form 4 filing. |
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