secwatch.observer — SEC 8-K summary
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Issuer:     PACCAR INC (PCAR)
CIK:        0000075362
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001193125-22-134022
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PACCAR reports CEO pay ratio 168:1; stockholders eliminate supermajority vote provisions
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- CEO R.P. Feight total comp $12,800,753; median employee annual comp $76,395; ratio 168:1.
- LTIP Cash Awards for 2019-2021 cycle approved for Named Executive Officers (Feight, Schippers, Barkley, Dozier, Siver).
- Stockholders approved amendment to Certificate of Incorporation eliminating supermajority vote requirements.
- All 11 director nominees elected at annual meeting; stockholder proposal to reduce special meeting threshold failed.
- Amendment effective upon filing with Delaware Secretary of State; attached as Exhibit 3(i).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75362/000119312522134022/0001193125-22-134022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75362/000119312522134022/d352167d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-134022

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