PCAR.NASDAQPaccar INC

Form 4: PACCAR INC: Senior Vice President Kevin D. Baney Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Senior Vice President Kevin D. Baney reports the exercise of stock options and subsequent sale of PACCAR INC shares on October 28, 2024.

Summary

  • On October 28, 2024, Kevin D. Baney, a Senior Vice President at PACCAR INC, executed transactions involving the company's common stock.
  • Baney exercised stock options to acquire 9,894 shares at a price of $43.7067 per share.
  • Simultaneously, Baney sold 9,894 shares at a weighted average price of $107.0013, with prices ranging from $107.0000 to $107.0200 per share.
  • Following these transactions, Baney directly owns 7,121 shares of common stock and indirectly owns 5,397.501 shares through the PACCAR Savings Investment Plan (SIP).
  • Baney also holds various stock options with exercise prices ranging from $50.7867 to $104.16 and varying expiration dates, as well as 5,790 stock units under the Long Term Incentive Plan (LTIP).

Sentiment

Score: 5

Explanation: This is a neutral disclosure of 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 in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
  • The filing provides transparency to stakeholders regarding insider trading activities.

Key Dates

DateDescription
01/01/2022Date exercisable for stock options expiring on 02/06/2029.
01/01/2023Date exercisable for stock options expiring on 02/04/2030.
01/01/2024Date exercisable for stock options expiring on 02/02/2031.
01/01/2025Date exercisable for stock options expiring on 02/07/2032.
01/01/2026Date exercisable for stock options expiring on 02/08/2033.
01/01/2027Date exercisable for stock options expiring on 02/05/2034.
10/28/2024Date of the reported transaction: exercise of stock options and sale of common stock.

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