Form 144: Parker-Hannifin insider selling 575 RSU shares for $421,511
Rhea-AI Filing Summary
Parker-Hannifin filed a Form 144 reporting a proposed sale of 575 shares of common stock through UBS Financial Services, with an approximate aggregate market value of $421,511. The shares were acquired on 04/24/2025 as a restricted stock unit (RSU) vest and the proposed sale date listed is 08/08/2025. The filing shows 127,778,004 shares outstanding, so the block offered represents a very small portion of the company’s total equity. The filer also indicates no securities sold during the past three months and includes the customary Form 144 representation about lack of undisclosed material information.
Positive
- Securities were acquired via RSU vesting, indicating the sale is monetization of compensation rather than a market-timed disposition.
- Filer reports no securities sold during the past three months, suggesting this is an isolated planned sale.
Negative
- None.
Insights
TL;DR: Insider sale size is immaterial relative to shares outstanding; proceeds stem from RSU vesting.
The filing discloses a planned sale of 575 shares with an aggregate market value of $421,511. The shares were acquired via an RSU vest on 04/24/2025 and are to be sold on 08/08/2025. Compared with the reported 127,778,004 shares outstanding, the transaction is de minimis in scale and unlikely to move market valuations or signal a change in company fundamentals. Disclosure is routine under Rule 144.
TL;DR: Transaction appears to be routine compensation monetization and the filing follows required disclosure and attestation language.
The notice shows the securities were received through an RSU vest and will be sold through a broker. The filer attests they are not aware of undisclosed material adverse information, a standard representation on Form 144. There are no reported sales in the prior three months, and the transaction size is modest versus total shares outstanding, so governance or signaling concerns are limited based on this filing alone.