PACCAR Inc. (NASDAQ: PCAR) senior vice president Laura J. Bloch completed a block sale of 6,588 shares of common stock on February 2, 2026, generating proceeds of $814,088. The shares were disposed of at a weighted average price of $123.5714, with execution prices recorded between $123.4600 and $123.6500.
The disposition coincided with a contemporaneous options exercise. On the same day, Bloch exercised options to purchase 6,588 PACCAR shares at an exercise price of $61.26 each, for a total exercise value of $403,580.
Holdings after transactions
Following the sale and exercise, Bloch directly holds 6,102 shares of PACCAR common stock. She also has indirect ownership of 2,344.9760 shares through the PACCAR Savings Investment Plan (SIP). Her derivative holdings include options to acquire 8,832 shares at $62.8667, 9,668 shares at $71.95, 7,504 shares at $104.16 and 13,588 shares at $109.13, in addition to 2,206 stock units under a long-term incentive plan (LTIP).
Market context and valuation note
The sale occurred while PACCAR was trading near its 52-week high of $125.36. Over the preceding six months the stock had risen 31.7%. InvestingPro analysis noted in its assessment that PACCAR appears overvalued relative to its Fair Value.
At the time of the filings, PACCAR had a market capitalization of $65.45 billion and a price-to-earnings ratio of 27.6. The company has sustained dividend payments for 56 consecutive years and offers a current dividend yield of 2.18%.
Recent financial results
PACCAR reported its fourth-quarter 2025 results ahead of this insider activity. Revenue for the quarter totaled $6.82 billion, exceeding consensus expectations of $6.03 billion, a positive surprise of 13.1%. Earnings per share were $1.06, narrowly missing the $1.07 analysts had forecast. The revenue outperformance was highlighted as a sign of operational strength despite the small EPS shortfall. The earnings release drew attention from analyst firms, though no specific upgrades or downgrades were mentioned in the disclosure.
What this filing shows
The combined exercise of options and subsequent sale left Bloch with a reduced direct shareholding while maintaining a range of derivative positions and retirement-plan exposure. The filings provide a detailed view of her capital interest in PACCAR, including multiple option tranches and LTIP units. Investors and market participants can reference these holdings alongside the company’s recent quarterly performance and valuation commentary from InvestingPro when assessing the equity.