Parker-Hannifin director plans sale of 160 shares
Parker-Hannifin Corp (PH) is the issuer for a Form 144 notice filed for director Laura Thompson covering a proposed sale of common stock under Rule 144.
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) is the issuer for a Form 144 notice filed for director Laura Thompson covering a proposed sale of common stock under Rule 144. The notice relates to 160 shares of common stock expected from RSU vesting on October 25, 2024, to be sold through UBS Financial Services by wire transfer. No sales during the prior three months are listed.
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Key Figures
Shares to be sold: 160 shares
RSU vesting and planned sale date: October 25, 2024
Issuer phone number: 216-896-3000
3 metrics
Shares to be sold
160 shares
Common stock covered by the Rule 144 notice for Laura Thompson
RSU vesting and planned sale date
October 25, 2024
Date listed for RSU vesting and securities to be sold
Issuer phone number
216-896-3000
Contact phone number for Parker-Hannifin Corp
Key Terms
Rule 144, Form 144, RSU Vesting
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSU Vesting financial
"Common | 10/25/2024 | RSU Vesting | Parker-Hannifin"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
FAQ
What does the Form 144 filing disclose for Parker-Hannifin (PH)?
It discloses that director Laura Thompson filed a Rule 144 notice for a proposed sale of 160 shares of Parker-Hannifin common stock, tied to RSU vesting on October 25, 2024, with UBS Financial Services acting as the broker.
Who is the insider in the Parker-Hannifin (PH) Form 144 filing?
The filing identifies Laura Thompson, a director of Parker-Hannifin, as the person for whose account the securities are to be sold. UBS Financial Services is listed as the broker handling the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.