During his time at PACCAR, Ronald E. Armstrong held significant stock options, reflecting his commitment to the company’s success. At one point, he had approximately 368,952 shares of PACCAR stock, a testament to his investment in the company. As of...

During his time at PACCAR, Ronald E. Armstrong held significant stock options, reflecting his commitment to the company’s success. At one point, he had approximately 368,952 shares of PACCAR stock, a testament to his investment in the company. As of his retirement in June 2019, his options were integral to his wealth, which was closely linked to the company's performance. In 2015, he had stock options worth about $5.8 million when PACCAR exceeded profit goals, showcasing how closely he was tied to the company's success. However, after retiring, his stock holdings took a backseat as he transitioned away from active management. By the end of 2018, his stock options had vested, enabling him to reap benefits from PACCAR’s robust performance, reflecting how executives can leverage their positions for long-term financial gain. Armstrong's ability to navigate the stock options system exemplifies a strategic approach to wealth accumulation through corporate performance.