PACCAR 2026 Annual Meeting Results and Executive Compensation Updates

PACCAR Inc filed an 8-K on April 27, 2026, reporting two key developments. First, the Compensation Committee approved Long Term Performance Cash Awards for the 2023-2025 cycle for Named Executive Officers, significantly increasing their total compensation. CEO R.P. Feight's compensation rose to $19.45 million, resulting in a CEO pay ratio of 198:1 compared to the median employee compensation of $98,350. Second, the company disclosed results from its April 28, 2026 annual meeting where all director nominees were elected, including M.C. Pigott, P.R. Breber, and others. Shareholders also approved executive compensation through an advisory vote and ratified the appointment of independent auditors. The filing provides updated compensation figures for key executives including H.C. Schippers ($5.04M), B.J. Poplawski ($2.16M), K.D. Baney ($3.76M), C.M. Dozier ($4.83M), and D.C. Siver ($4.69M).