BANEY KEVIN D

PCAR EVP BANEY sells 9,672 shares at $126.53, reducing stake 43.4% to 12.6K shares

Executive Vice President Kevin D. Baney sold 9,672 shares of PACCAR on 2026-02-03 at $126.53, reducing his holdings from 22,264 shares to 12,592 shares—a -43.4% reduction in post-transaction position. The sale occurred near the 52-week high of $127.90, with the stock up 14.6% over the prior 30 days and 27.0% over 90 days. This represents a substantial reduction in insider exposure. However, his prior two sales at PCAR (2024-10-28 and 2024-01-26) both experienced positive 90-day returns of 2.7% and 9.3% respectively, suggesting below-average execution on timing relative to subsequent price movement. The company carries a P/E of 24.98 against a backdrop of -4.2% annual revenue growth, warranting observation of whether this scale of divestiture reflects broader conviction levels in near-term company direction.

SVP Kevin D Baney sold 9,894 shares of PCAR at $107.00 on 2024-10-28, reducing holdings by 58.1% to 7,121 shares

Kevin D Baney, Senior Vice President of PACCAR INC, executed an open-market sale of 9,894 shares at $107.00, divesting more than half his pre-transaction holdings of 17,015 shares. The sale occurred with the stock trading at $107.07 currently, approximately 14.0% below its 52-week high of $124.46, yet up 9.1% over the prior 30 days. His cross-ticker track record shows 1 prior sell with 90-day returns averaging 9.3% (positive, indicating poor timing), though his same-ticker history at PCAR of 1 prior sale on 2024-01-26 mirrors that outcome (90d +9.3%). The company fundamentals remain robust: $8.8B quarterly revenue, $1.1B net income, and 21.9% annual revenue growth, with a P/E of 11.31. The substantial reduction in personal holdings warrants attention to whether subsequent price movement validates or contradicts this disposal decision relative to the insider's historical trading outcomes.