Form 4: PACCAR INC: Executive Gryniewicz Craig R Reports Acquisition of Common Stock
SEC Form 4
Vice President Gryniewicz Craig R reports acquiring common stock through a dividend reinvestment in the PACCAR Savings Investment Plan.
Summary
- On March 5, 2025, Craig R Gryniewicz, a Vice President at PACCAR INC, acquired 22.937 shares of common stock at a price of $102.97 per share through a dividend reinvestment in the PACCAR Savings Investment Plan (SIP).
- Following this transaction, Gryniewicz directly owns 4,466 shares of PACCAR INC common stock.
- Gryniewicz also indirectly owns 7,224.378 shares through the PACCAR Savings Investment Plan (SIP).
- Gryniewicz also holds derivative securities including stock options and stock units (LTIP).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition through dividend reinvestment, which is neither particularly positive nor negative.
Positives
- The acquisition of shares by a company officer can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies like PACCAR INC. It provides transparency regarding the holdings and transactions of company executives.
Comparison to Industry Standards
- Executive compensation and stock ownership are common practices in publicly traded companies.
- Companies like Daimler Truck, Volvo Group, and Navistar also have similar executive compensation structures that include stock options and stock grants.
- The specific amounts and terms of these compensation packages vary based on company size, performance, and industry benchmarks.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company executive.
- The transaction has no impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date stock options for 8,832 shares become exercisable at $62.8667. |
| 01/01/2026 | Date stock options for 9,016 shares become exercisable at $71.95. |
| 01/01/2027 | Date stock options for 6,872 shares become exercisable at $104.16. |
| 01/01/2028 | Date stock options for 8,636 shares become exercisable at $109.13. |
| 02/07/2032 | Expiration date for stock options for 8,832 shares. |
| 02/08/2033 | Expiration date for stock options for 9,016 shares. |
| 02/05/2034 | Expiration date for stock options for 6,872 shares. |
| 02/03/2035 | Expiration date for stock options for 8,636 shares. |
| 03/05/2025 | Date of transaction: acquisition of 22.937 shares of common stock. |
| 03/06/2025 | Date of signature for the report. |
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