PH Form 144 Filed for 1,103 Common Shares Via Kestra, $810K Value
Rhea-AI Filing Summary
Parker-Hannifin Corporation (PH) submitted a Form 144 notice proposing the sale of 1,103 shares of common stock through broker Kestra (address provided) with an aggregate market value of $810,000. The proposed sale is listed for 08/12/2025 on the NYSE. The shares were acquired as a stock award on 08/11/2024 with payment characterized as compensation. The filer reports no sales in the past three months and makes the standard representation that they are unaware of undisclosed material adverse information about the issuer. Several identifying filer and issuer fields in the provided text are not populated in the content.
Positive
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Negative
- None.
Insights
TL;DR: Small proposed insider sale of 1,103 shares valued at $810,000; immaterial relative to total shares outstanding.
The Form 144 discloses a proposed sale under Rule 144 of 1,103 common shares through Kestra at an aggregate value of $810,000, with no reported sales in the prior three months. The shares were acquired as a stock award and paid as compensation one day before the listed sale date. Given the documented 128,410,000 shares outstanding noted in the filing, this quantity represents a de minimis fraction of float and is unlikely to be material to PH's market capitalization or voting power. The filing appears procedural and consistent with Rule 144 compliance requirements.
TL;DR: Filing shows routine insider disposal mechanics and required certifications; no governance red flags in provided text.
The notice contains the required representation that the seller is not aware of undisclosed material information and documents the acquisition source as a company stock award. The absence of reported sales in the prior three months and the small size relative to reported outstanding shares suggest this is a routine compliance disclosure rather than a governance concern. Some standard identifying fields are blank in the provided content, which limits full context on the filer identity in this excerpt.