PH insider sale notice: 450 shares via Rule 144 through Kestra
Rhea-AI Filing Summary
Form 144 summary for Parker-Hannifin Corporation (PH). Proposed sale of 450 common shares with aggregate market value $330,000 on the NYSE.
Acquisition recorded as a stock award from the issuer on 04/24/2025, payment/award date same. Approximate sale date listed as 08/08/2025. Broker listed as Kestra, 5707 Southwest Pkwy bldg 2 STE 400, Austin TX 78735. Filing reports 128,410,000 shares outstanding and no securities sold in the past 3 months.
Filer represents they do not possess undisclosed material adverse information and acknowledges Rule 144 requirements.
Positive
- Transaction size is minimal: 450 shares versus 128,410,000 outstanding (immaterial to capital structure)
- No securities sold in prior 3 months: filing states "Nothing to Report" for recent sales
Negative
- None.
Insights
TL;DR Small, routine sale of recently awarded shares; immaterial to PH capital structure.
The filing notifies a proposed sale of 450 common shares valued at $330,000 on 08/08/2025. The shares were acquired as a stock award on 04/24/2025 and are to be sold through broker Kestra. Relative to the reported 128,410,000 shares outstanding, the lot represents approximately 0.00035% of outstanding common stock, making the transaction immaterial to market supply or EPS dilution. No prior sales in the past three months are reported, and the filer affirms no undisclosed material adverse information.
TL;DR Insider monetization of compensation via Rule 144; procedure appears routine with no governance red flags.
The notice documents disposition of shares acquired as compensation under a stock award, sold pursuant to Rule 144 through an intermediary. The filing includes the standard representation regarding material information. The small size of the proposed sale and absence of recent sales by the filer reduce governance concerns; monitoring for any subsequent larger insider dispositions is recommended but not indicated here.