PACCAR CEO Preston Feight Sells 50,975 Shares for $6.8 Million
PACCAR Inc CEO Preston Feight exercised and sold over 50,000 shares of company stock for approximately $6.8 million on July 31, 2026.
Preston Feight, the Chief Executive Officer of PACCAR Inc, sold 50,975 shares of company stock on July 31, 2026. The transaction was an exercise-and-sell move, where Feight exercised options at $71.95 per share and immediately sold them at a weighted-average price of $133.07.
The sale totaled approximately $6.8 million. Following the transaction, Feight retains 286,323 total shares, which hold a post-transaction value of $37.99 million.
The disposition occurred during a period of strong stock performance for PACCAR Inc, which recorded a one-year return of 34% as of the transaction date. However, the company's price-to-earnings multiple has risen to 28x, which significantly exceeds its ten-year average of 16.7x.