Executive Change · Shareholder Vote

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) April 28, 2025     PACCAR Inc (Exact name of registrant as specified in its charter)       Delaware   001-14817   91-0351110 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 777 106 th Avenue NE , Bellevue , WA 98004 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code ( 425 ) 468-7400     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $1 par value   PCAR   The NASDAQ Stock Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Item 502(f). On April 28, 2025, the Compensation Committee of the Board of Directors approved the Long Term Performance Cash Awards (the “LTIP Cash Awards”) for the 2022-2024 cycle under the Long Term Incentive Plan for the Named Executive Officers identified in the Company’s March 19, 2025 proxy statement (the “Proxy Statement”). The total compensation for each Named Executive Officer reported in the Summary Compensation Table on page 26 of the Proxy Statement has been recalculated to include the LTIP Cash Awards as follows:   Named Executive Officer    Non-Equity Incentive Plan Compensation LTIP Cash Award      Total Compensation   R. P. Feight    $ 5,180,000      $ 17,364,223   H. C. Schippers    $ 1,714,900      $ 6,769,242   C. M. Dozier    $ 708,000      $ 4,151,388   D. C. Siver    $ 744,000      $ 3,816,852   K. D. Baney    $ 558,600      $ 2,877,129   CEO Pay Ratio Disclosure As required by Item 402(u) of Regulation S-K, we are providing the following information: As permitted by SEC rules, the median employee utilized for 2024 is the same employee identified in 2023 because there have been no changes in our employee population or employee compensation arrangements that we reasonably believe would result in a significant change to this pay ratio disclosure. For 2024, our last completed fiscal year:     (a) The annual total compensation of PACCAR’s median employee (excluding Mr. Feight, our Chief Executive Officer) was $91,985;     (b) The annual total compensation of our Chief Executive Officer was $17,364,223; and     (c) The ratio of the annual total compensation of our Chief Executive Officer to the annual total compensation of PACCAR’s median employee was 189 to 1. Item 5.07. Submission of Matters to a Vote of Security Holders   (a) The annual meeting of stockholders was held on April 29, 2025.   (b) The following is a brief description and vote count of all items voted on at the annual meeting: Item No. 1. Election of directors. The following persons were elected to serve as directors with a term expiring in 2026:   Nominee    Shares Voted “For”      Shares Voted “Against”      Abstentions      Broker Nonvotes   M. C. Pigott      447,856,621        13,310,294        567,775        24,637,006   P. R. Breber      458,239,941        3,023,697        471,052        24,637,006   A. J. Carnwath      440,781,465        20,294,402        658,823        24,637,006   R. P. Feight      454,946,796        6,319,443        468,451        24,637,006   K. S. Hachigian      435,446,638        25,821,807        466,245        24,637,006   B. A. Hill      458,534,578        2,712,919        487,193        24,637,006   B. B. Hulit      457,972,345        3,258,678        503,667        24,637,006   C. A. Niekamp      459,326,476        1,959,837        448,377        24,637,006   J. M. Pigott      452,521,854        8,796,121        416,715        24,637,006   L. A. S. Pretti      458,109,478        3,107,935        517,277        24,637,006   G. Ramaswamy      458,161,182        3,074,973        498,535        24,637,006   M. A. Schulz      413,465,581        47,478,245        790,864        24,637,006     Item No. 2. Advisory resolution to approve executive compensation. Item No. 2 received the affirmative vote of a majority of the shares outstanding and entitled to vote on this item at the meeting.   Shares Voted “For”   Shares Voted “Against”   Abstentions   Broker Nonvotes 430,942,525   27,601,495   3,190,670   24,637,006 Item No. 3. Advisory vote on the ratification of independent auditors. Item No. 3 received the affirmative vote of a majority of the shares present and entitled to vote on this item at the meeting.   Shares Voted “For”   Shares Voted “Against”   Abstentions   Broker Nonvotes 465,210,981   20,495,035   665,680   0 Item No. 4. Stockholder proposal regarding a shareholder vote on excessive golden parachutes. Item No. 4 did not receive the affirmative vote of a majority of the shares present and entitled to vote at the meeting.   Shares Voted “For”   Shares Voted “Against”   Abstentions   Broker Nonvotes 145,604,574   311,616,163   4,513,953   24,637,006 (c) Not applicable. (d) Not applicable. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.         PACCAR Inc Date: May 2, 2025     By:   /s/ M. K. Walton       M. K. Walton Vice President and General Counsel