Form 4: PACCAR INC: Vice President Bolgar Paulo Henrique Reports Changes in Beneficial Ownership
SEC Form 4 Filing
PACCAR INC Vice President Paulo Henrique Bolgar reports changes in beneficial ownership of company stock, including reinvested dividends and shares awarded under the Savings Investment Plan.
Summary
- On March 6, 2024, Paulo Henrique Bolgar, a Vice President at PACCAR INC, reported changes in beneficial ownership of the company's common stock.
- A dividend on PACCAR Savings Investment Plan (SIP) shares was reinvested, resulting in the acquisition of 1 share at a price of $115.47.
- Bolgar's holdings include 2,287 shares of common stock held directly and 560.528 shares held indirectly through the PACCAR Savings Investment Plan (SIP).
- He also holds stock options for 12,183 shares (exercisable 01/01/2025, expiring 06/20/2032, exercise price $54.6133), 11,374 shares (exercisable 01/01/2026, expiring 02/08/2033, exercise price $71.95), and 8,294 shares (exercisable 01/01/2027, expiring 02/05/2034, exercise price $104.16).
- Additionally, Bolgar holds 4,762 stock units under the Long Term Incentive Plan (LTIP), convertible to common stock upon vesting.
Sentiment
Score: 5
Explanation: This is a routine filing related to insider transactions. The sentiment is neutral as it simply reports changes in ownership.
Positives
- The reinvestment of dividends indicates confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This filing indicates the transactions of a Vice President at PACCAR INC.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction (dividend reinvestment). |
| 03/08/2024 | Date of signature on the Form 4 filing. |
| 01/01/2025 | Earliest exercisable date for 12,183 stock options. |
| 06/20/2032 | Expiration date for 12,183 stock options. |
| 01/01/2026 | Earliest exercisable date for 11,374 stock options. |
| 02/08/2033 | Expiration date for 11,374 stock options. |
| 01/01/2027 | Earliest exercisable date for 8,294 stock options. |
| 02/05/2034 | Expiration date for 8,294 stock options. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.