PACCAR INC
For the period ended Apr 29, 2025. Filed Mar 19, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 29, 2025 · Filed Mar 19, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
|---|---|
| ☒ | Definitive Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material under Rule 14a-12 |
| PACCAR INC | |
| (Name of Registrant as Specified In Its Charter) | |
| (Name of Person(s) Filing Proxy Statement, if other than the Registrant) | |
| Payment of Filing Fee (Check all boxes that apply): | |
| ☒ | No fee required. |
| ☐ | Fee paid previously with preliminary materials |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-1 |
Dear Stockholder:
You are cordially invited to attend the Annual Meeting of Stockholders of PACCAR Inc, which will be held in person at 10:30 a.m. on Tuesday, April 29, 2025, at the PACCAR Parts Distribution Center, located at 405 Houser Way North, Renton, Washington. Stockholders also have the option to view the Annual Meeting online atwww.paccar.com/2025annualmeeting.
The principal business of the Annual Meeting is stated on the attached Notice of Annual Meeting of Stockholders. We will also provide an update on the Company’s activities. The Board of Directors recommends a vote FORItems 1, 2, and 3; and a vote AGAINST Item 4.
Your VOTE is important. Whether or not you plan to attend the Annual Meeting, please vote your proxy either by mail, telephone or the internet.
Sincerely,
Mark C. Pigott
Executive Chairman of the Board
Notice of Annual Meeting of Stockholders
The Annual Meeting of Stockholders of PACCAR Inc will be held at 10:30 a.m. on Tuesday, April 29, 2025, in person at the PACCAR Parts Distribution Center, located at 405 Houser Way North, Renton, Washington, for these purposes:
| 1. | To elect as directors the twelve nominees named in the attached proxy statement to serve a one-year term ending in 2026. |
| 2. | To vote on an advisory resolution to approve executive compensation. |
| 3. | To vote on an advisory basis on the ratification of the Company’s independent auditors. |
| 4. | To vote on a stockholder proposal regarding a shareholder vote on excessive golden parachutes if properly presented at the meeting. |
| 5. | To transact such other business as may properly come before the meeting. |
Stockholders entitled to vote at this meeting are those of record as of the close of business on March 4, 2025.
IMPORTANT: The vote of each stockholder is important regardless of the number of shares held. Whether or not you plan to attend the meeting, please complete and return your proxy form.
Directions to the PACCAR Parts Distribution Center can be found on the back cover of the attached proxy statement. Stockholders also have the option to view the Annual Meeting online atwww.paccar.com/2025annualmeeting.
By order of the Board of Directors
M. R. Beers
Secretary
Bellevue, Washington
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.