Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Paccar (PCAR)

PACCAR shareholders elect 12 directors; golden parachute vote proposal fails

Neutral Impact 2 of 5 shareholder Written later

At its April 29, 2025 annual meeting, PACCAR shareholders elected 12 directors with terms expiring in 2026, approved the advisory executive compensation resolution, and ratified the independent auditors. A stockholder proposal for a shareholder vote on excessive golden parachutes did not pass. The filing also recalculates CEO R. P. Feight's 2024 total compensation to $17,364,223 after including 2022-2024 long-term cash awards approved on April 28, 2025.

Key points

  • Annual meeting held April 29, 2025; 12 directors elected with terms expiring in 2026
  • Advisory say-on-pay resolution: 430,942,525 shares for and 27,601,495 against
  • Golden parachute proposal failed: 145,604,574 shares for and 311,616,163 against
  • Feight's recalculated 2024 total compensation: $17,364,223; CEO-to-median-employee pay ratio of 189 to 1

The filing

CompanyPaccar (PCAR)
Form8-K, current report
Filed with the SECMay 2, 2025, 4:46 PM ET
Accession number0001193125-25-111679

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.