PACCAR Elects New Directors, Reports Executive Compensation
Ticker: PCAR · Form: 8-K · Filed: 2024-05-03T00:00:00.000Z
Sentiment: neutral
Topics: corporate-governance, board-of-directors, executive-compensation
Related Tickers: PCAR
TL;DR
PACCAR adds 2 directors, files exec comp details, and holds shareholder votes.
AI Summary
PACCAR Inc. announced on April 29, 2024, the election of two new directors, Ms. Susan M. Cameron and Mr. Robert L. Eckard, to its Board of Directors. The company also reported on the compensation arrangements for its named executive officers and submitted matters to a vote of its security holders. The filing includes financial statements and exhibits.
Why It Matters
Changes in the board of directors can signal shifts in corporate governance and strategic direction. Information on executive compensation is crucial for understanding how the company incentivizes its leadership.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director elections and executive compensation, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- PACCAR Inc (company) — Registrant
- Susan M. Cameron (person) — Newly Elected Director
- Robert L. Eckard (person) — Newly Elected Director
- April 29, 2024 (date) — Date of Report
FAQ
Who were the newly elected directors to PACCAR's Board?
Ms. Susan M. Cameron and Mr. Robert L. Eckard were elected to PACCAR's Board of Directors.
What is the date of the report?
The date of the report is April 29, 2024.
What other items are reported in this 8-K filing?
The filing also covers the election of directors, appointment of certain officers, compensatory arrangements of certain officers, submission of matters to a vote of security holders, and financial statements and exhibits.
What is PACCAR's state of incorporation?
PACCAR Inc is incorporated in Delaware.
What is PACCAR's principal executive office address?
PACCAR's principal executive offices are located at 777 106th Avenue NE, Bellevue, WA 98004.
Filing Stats: 1,436 words · 6 min read · ~5 pages · Grade level 8.3 · Accepted 2024-05-03 16:06:06
Key Financial Figures
- $1 — nge on which registered Common stock, $1 par value PCAR The NASDAQ Stock Mar
- $93,387 — eight, our Chief Executive Officer) was $93,387; b) the annual total compensation of
- $20,908,665 — tion of our Chief Executive Officer was $20,908,665; and c) the ratio of the annual tota
Filing Documents
- d756864d8k.htm (8-K) — 70KB
- d756864dex991.htm (EX-99.1) — 6KB
- d756864dex992.htm (EX-99.2) — 5KB
- 0001193125-24-130689.txt ( ) — 206KB
- pcar-20240429.xsd (EX-101.SCH) — 3KB
- pcar-20240429_lab.xml (EX-101.LAB) — 17KB
- pcar-20240429_pre.xml (EX-101.PRE) — 11KB
- d756864d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. The following are furnished as Exhibits to this Report. Exhibit Number Description 99.1 Press release of April 30, 2024 regarding Pierre R. Breber and Brice C. Hill 99.2 Press release of April 30, 2024 regarding Luiz A. S. Pretti 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PACCAR Inc Date: May 3, 2024 By: /s/ M. K. Walton M. K. Walton Vice President and General Counsel