C. Michael Dozier, Executive Vice President at PACCAR Inc. (PCAR), has demonstrated a clear selling bias in his recent insider transactions, with $10.8 million in total sales outweighing $8.1 million in purchases across 34 reported trades. His activity has been exclusively concentrated in PCAR shares, with no transactions in other companies. The most significant disposal occurred on February 3, 2026, when Dozier sold $10.1 million worth of stock alongside multiple smaller transactions totaling $5.3 million that same day through various transaction codes (M, S). This selling pressure contrasts with his acquisition of $913,608 in shares on February 6, 2026, and $807,780 on February 3, 2025, both coded as awards (A).
Recent filings show Dozier continuing to reduce his position, with two $6,653 sales on March 4, 2026, following an $89,019 disposition on March 2. Smaller periodic sales appear routine, such as $27,613 transactions in January 2026 and $6,659 in December 2025. While he has received substantial equity awards, the net effect of his transactions since early 2025 has been a reduction in holdings, particularly through the large February 2026 sale. The pattern suggests a strategic divestment rather than short-term trading, given the magnitude of the disposals relative to his acquisitions. Dozier’s activity remains focused on PCAR, with no diversification into other securities.
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