Form 4: PACCAR Vice President Reports Insider Stock Transactions and Holdings
Insider Transaction Report
PACCAR Inc. Vice President Craig R. Gryniewicz reported recent changes in his beneficial ownership of company securities, including a disposition of common stock and an acquisition via dividend reinvestment, alongside details of his derivative holdings.
Summary
- Craig R. Gryniewicz, Vice President of PACCAR INC (PCAR), filed a Form 4 detailing changes in his beneficial ownership.
- On June 4, 2025, Mr. Gryniewicz acquired 25.576 shares of Common Stock at a price of $92.59 per share through dividend reinvestment in the PACCAR Savings Investment Plan (SIP).
- Following this transaction, his indirect beneficial ownership via the SIP stands at 7,249.954 shares of Common Stock.
- The filing also reported a disposition of 4,466 shares of Common Stock on June 4, 2025, though no price was specified for this transaction.
- Mr. Gryniewicz holds several stock options: 8,832 shares exercisable at $62.8667 (expiring 02/07/2032), 9,016 shares exercisable at $71.95 (expiring 02/08/2033), 6,872 shares exercisable at $104.16 (expiring 02/05/2034), and 8,636 shares exercisable at $109.13 (expiring 02/03/2035).
- Additionally, he holds 3,666 Stock Units under the Long Term Incentive Plan (LTIP), which are restricted stock units convertible to common stock on a one-for-one basis upon vesting.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions, including a disposition of common stock and a small acquisition via dividend reinvestment, without indicating significant positive or negative operational news or a strong directional signal from the insider.
Positives
- The acquisition of 25.576 shares through dividend reinvestment indicates continued participation in the PACCAR Savings Investment Plan, aligning insider interests with shareholder returns.
Negatives
- A disposition of 4,466 shares of Common Stock by a Vice President was reported, which could be perceived negatively if not part of a pre-arranged trading plan or for tax purposes.
Future Outlook
This Form 4 filing is a report of past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is a routine insider transaction report specific to PACCAR Inc. and its Vice President. It does not provide information that directly relates to broader industry trends or competitive dynamics within the commercial vehicle manufacturing sector.
Stakeholder Impact
- Shareholders: Provides transparency into insider stock ownership changes, which can influence investor sentiment, though these specific transactions appear routine.
- Employees: The PACCAR Savings Investment Plan (SIP) and Long Term Incentive Plan (LTIP) are standard employee benefit programs, indicating ongoing executive participation in company-sponsored plans.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Exercisable date for 8,832 stock options with an exercise price of $62.8667. |
| 06/04/2025 | Transaction date for the acquisition of 25.576 common shares via dividend reinvestment and the disposition of 4,466 common shares. |
| 06/06/2025 | Date the Form 4 was signed by Michael R. Beers, by Power of Attorney. |
| 01/01/2026 | Exercisable date for 9,016 stock options with an exercise price of $71.95. |
| 01/01/2027 | Exercisable date for 6,872 stock options with an exercise price of $104.16. |
| 01/01/2028 | Exercisable date for 8,636 stock options with an exercise price of $109.13. |
| 02/07/2032 | Expiration date for 8,832 stock options. |
| 02/08/2033 | Expiration date for 9,016 stock options. |
| 02/05/2034 | Expiration date for 6,872 stock options. |
| 02/03/2035 | Expiration date for 8,636 stock options. |
Keywords
PACCAR, PCAR, Form 4, Insider Trading, Beneficial Ownership, Stock Options, Restricted Stock Units, Dividend Reinvestment, Executive Compensation
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