Form 4: PACCAR Inc. Executive Harrie Schippers Reports Stock Transactions
SEC Form 4
Harrie Schippers, President & CFO of PACCAR Inc., reports the conversion of restricted stock units to common stock and shares withheld for tax liability.
Summary
- On March 1, 2025, Harrie Schippers, President & CFO of PACCAR Inc., executed transactions involving PACCAR's common stock.
- 3,163 restricted stock units were converted to common stock at a price of $0.00.
- 1,245 shares were disposed of to cover tax liabilities at a price of $107.24 per share.
- Following these transactions, Schippers directly owns 116,577 shares of common stock and indirectly owns 3,006.775 shares through the PACCAR Savings Investment Plan (SIP).
- Schippers also holds various stock options with different exercise prices and expiration dates, as well as 20,671 stock units (LTIP).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/01/2019 | Date exercisable for some stock options |
| 01/01/2024 | Date exercisable for some stock options |
| 01/01/2025 | Date exercisable for some stock options |
| 01/01/2026 | Date exercisable for some stock options |
| 01/01/2027 | Date exercisable for some stock options |
| 01/01/2028 | Date exercisable for some stock options |
| 02/04/2026 | Expiration date for some stock options |
| 02/02/2031 | Expiration date for some stock options |
| 02/07/2032 | Expiration date for some stock options |
| 02/08/2033 | Expiration date for some stock options |
| 02/05/2034 | Expiration date for some stock options |
| 02/03/2035 | Expiration date for some stock options |
| 03/01/2025 | Date of earliest transaction: conversion of restricted stock units and shares withheld for tax liability. |
| 03/04/2025 | Date of signature for the report. |
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