PACCAR Inc Files Definitive Additional Materials Proxy Statement

TL;DR

PACCAR filed proxy docs, annual meeting stuff is moving forward.

AI Summary

PACCAR Inc filed a Definitive Additional Materials proxy statement on March 27, 2024. This filing relates to the company's annual meeting and is not a preliminary proxy statement. PACCAR Inc, headquartered in Bellevue, WA, is a manufacturer of trucks and related components.

Why It Matters

This filing indicates that PACCAR Inc is proceeding with its shareholder meeting processes, which may involve important corporate decisions and executive compensation discussions.

Risk Assessment

Risk Level: low — This is a routine proxy filing and does not contain new financial information or proposals that inherently increase risk.

Key Players & Entities

• PACCAR INC (company) — Registrant
• 20240327 (date) — Filing Date
• Bellevue, WA (location) — Company Headquarters
• 777 106TH AVENUE NE (address) — Company Street Address
• 98004 (zip_code) — Company Zip Code

FAQ

Filing Documents

• d489273ddefa14a.htm (DEFA14A) — 13KB
• 0001193125-24-078793.txt ( ) — 14KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Definitive Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Additional Materials Soliciting Material under Rule 14a-12 PACCAR INC (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 PACCAR Inc P.O. Box 1518 Bellevue, WA 98009 ADDITIONAL INFORMATION REGARDING THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON TUESDAY, APRIL 30, 2024 This Proxy Statement Supplement, dated March 27, 2024 (this Supplement ), supplements the Definitive Proxy Statement of PACCAR Inc (the Company ), dated March 20, 2024 (the Proxy Statement ), for the Companys Annual Meeting of Stockholders to be held on April 30, 2024 (the Annual Meeting ). The Company is supplementing the Proxy Statement to clarify the wording of the voting standard applicable to Items 2, 3, and 6 relating to (i) the approval of the Third Amended and Restated Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, (ii) an advisory vote to approve executive compensation, and (iii) the stockholder proposal. The voting standard is set forth on Page 3 of the Proxy Statement. The Proxy Statement is supplemented as follows: The text below replaces the first sentence of the second paragraph of Item 2 on Page 3: To be approved, Item 2 must receive the affirmative vote of a majority of the shares present in person or by proxy and entitled to vote on this item at the Annual Meeting. The text below replaces the first sentence of the second paragraph of Item 3 on Page 3: To be approved, Item 3 must receive the affirmative vote of a majority of the shares present in person or by proxy and entitled to vote on this item at the Annual Meeting. The text below replaces the first sentence of the second paragraph of Item 6 on Page 3: To be approved, Item 6 must receive the affirmative vote of a majority of the shares present in person or by proxy and entitled to vote on this item at the Annual Meeting. THIS SUPPLEMENT SHOULD BE READ IN CONJUNCTION WITH THE PROXY STATEMENT. EXCEPT AS DESCRIBED ABOVE, THIS SUPPLEMENT DOES NOT MODIFY ANY OTHER INFORMATION IN THE PROXY STATEMENT OR PROXY CARD. THE PROXY STATEMENT AND PROXY CARD CONTINUE TO BE IN FULL FORCE AND EFFECT AS ORIGINALLY FILED. The Company encourages its stockholders to vote prior to the Annual Meeting by using one of the methods described in the Proxy Statement. The Companys 2024 Proxy Card may still be used to vote in connection with the Annual Meeting. If a stockholder has already submitted their vote, no further action is required.