secwatch.observer — SEC 8-K summary
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Issuer:     PACCAR INC (PCAR)
CIK:        0000075362
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001193125-26-201546
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

PACCAR awards LTIP cash to named executives; CEO pay ratio 198:1; all directors reelected
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- LTIP Cash Awards for 2023-2025 cycle approved: CEO R.P. Feight total compensation $19,453,009; other NEOs listed.
- CEO pay ratio 198:1 based on median employee total compensation of $98,350.
- All 12 director nominees elected at Apr 28 annual meeting, each receiving over 393M votes.
- Advisory votes: executive compensation passed (432M for, 25.8M against) and auditor ratification passed (459M for).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75362/000119312526201546/0001193125-26-201546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75362/000119312526201546/pcar-20260427.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-201546

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer