Form 4: PACCAR Executive Vice President Michael Dozier Reports Stock Transactions

Executive Vice President Michael Dozier reports transactions involving PACCAR stock, including the conversion of restricted stock units and shares withheld for tax liability.

Summary

• Michael Dozier, Executive Vice President of PACCAR Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On March 1, 2025, Dozier converted 1,843 restricted stock units into common stock.
• Also on March 1, 2025, 726 shares were withheld for payment of tax liability related to the vesting of restricted shares and/or restricted stock units at a price of $107.24.
• Following these transactions, Dozier directly owns 30,257 shares of common stock and indirectly owns 19,508.016 shares through the PACCAR Savings Investment Plan (SIP).
• Dozier also holds various stock options with different exercise prices and expiration dates, as well as 11,669 stock units under the Long Term Incentive Plan (LTIP).

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like PACCAR, similar to filings made by executives at competitors such as Daimler Truck Holding AG and Volvo Group.
• The vesting schedules and terms of stock options and restricted stock units are generally in line with industry norms for executive compensation packages.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates