Form 4: PACCAR SVP Executes Pre-Planned Stock Option Sale

PACCAR Senior Vice President Laura J. Bloch exercised stock options and subsequently sold an equal number of common shares in a pre-planned transaction on February 3, 2026.

Summary

• Laura J. Bloch, Senior Vice President of PACCAR INC, executed a pre-planned transaction under Rule 10b5-1(c).
• On February 3, 2026, Bloch exercised 8,832 stock options at an exercise price of $62.8667 per share.
• Immediately following the exercise, Bloch sold 8,832 shares of common stock at a price of $125.75 per share.
• After these transactions, Bloch directly holds 6,102 shares of common stock and indirectly holds 2,344.976 shares through the PACCAR Savings Investment Plan (SIP).
• Bloch retains unexercised stock options for 9,668 shares (exercisable 01/01/2026, exp. 02/08/2033), 7,504 shares (exercisable 01/01/2027, exp. 02/05/2034), and 13,588 shares (exercisable 01/01/2028, exp. 02/03/2035).
• Additionally, Bloch holds 2,206 restricted stock units (LTIP) convertible to common stock on a one-for-one basis upon satisfaction of all applicable vesting conditions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical of routine executive compensation and liquidity management through a pre-planned Rule 10b5-1 transaction. It does not indicate a change in company fundamentals or outlook.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-scheduled, non-discretionary sale.
• The executive realized a significant profit from exercising options at $62.8667 and selling shares at $125.75.

Negatives

• The direct beneficial ownership of common stock by the Senior Vice President decreased by 8,832 shares as a result of the sale.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those executed under Rule 10b5-1 plans, are common occurrences in publicly traded companies. These pre-arranged plans allow insiders to sell shares without concerns about possessing material non-public information at the time of the sale, providing transparency and reducing potential for market manipulation.

Stakeholder Impact

• Shareholders: The transaction represents a routine insider sale, which typically has minimal impact on the broader shareholder base or company valuation, especially when executed under a 10b5-1 plan.

Key Dates

Keywords

PACCAR, PCAR, Insider Transaction, Form 4, Stock Options, Executive Compensation, Rule 10b5-1, Stock Sale, Laura J. Bloch