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AI brief of an SEC Form 8-K · Paccar (PCAR)

PACCAR shareholders elect all 12 directors and approve executive pay at April 28 vote

Neutral Impact 2 of 5 shareholder Written later

At its April 28, 2026 annual meeting, PACCAR shareholders elected all 12 director nominees to terms expiring in 2027, approved the advisory executive compensation resolution, and ratified the independent auditors. The 8-K also discloses that the Compensation Committee approved 2023-2025 long-term cash awards, which raise the CEO's reported total compensation to $19,453,009.

Key points

  • All 12 nominees elected; M. A. Schulz received the most against votes at 63,686,066
  • Advisory say-on-pay approved: 432,025,578 for and 25,777,225 against
  • Auditor ratification: 459,284,605 for and 22,031,967 against
  • LTIP cash awards for 2023-2025 approved April 27, 2026; CEO R. P. Feight's total pay recalculated to $19,453,009, a 198 to 1 ratio to the median employee's $98,350

The filing

CompanyPaccar (PCAR)
Form8-K, current report
Filed with the SECMay 1, 2026, 4:30 PM ET
Accession number0001193125-26-201546

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 01, 2026.

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.