Parker-Hannifin (NYSE: PH) awards 3,536 appreciation rights to VP Jay Reidy
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that officer Jay Reidy, VP & President-Aerospace Group, received a grant of 3,536 Stock Appreciation Rights tied to common stock. The award has an exercise price of $1,023.25 per share, vests in three equal annual installments beginning August 19, 2027, and expires on August 18, 2036. Following this grant, Reidy holds 3,536 such rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reidy Jay
Role
VP & President-Aerospace Grp.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 3,536 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 3,536 shares (Direct)
Footnotes (1)
- F1. The Stock Appreciation Rights award vests in three equal annual installments beginning 8/19/27.
Key Figures
Stock Appreciation Rights granted: 3,536
Exercise price: $1,023.25 per share
Underlying common shares: 3,536 shares
+3 more
6 metrics
Stock Appreciation Rights granted
3,536
Grant of Stock Appreciation Rights to Jay Reidy on August 19, 2026
Exercise price
$1,023.25 per share
Conversion or exercise price for the Stock Appreciation Rights
Underlying common shares
3,536 shares
Underlying Parker-Hannifin common stock for the Stock Appreciation Rights
Vesting start date
August 19, 2027
First of three equal annual vesting installments
Expiration date
August 18, 2036
Expiration of the Stock Appreciation Rights award
Total SARs following transaction
3,536
Direct holdings of Stock Appreciation Rights after the grant
Key Terms
Stock Appreciation Rights, exercise price, expiration date, vesting
4 terms
Stock Appreciation Rights financial
"The Stock Appreciation Rights award vests in three equal annual installments"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
exercise price financial
"conversion_or_exercise_price: "1023.2500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-08-18""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vesting financial
"award vests in three equal annual installments beginning 8/19/27"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Parker-Hannifin (PH) report for Jay Reidy?
Parker-Hannifin reported that Jay Reidy received a grant of 3,536 Stock Appreciation Rights on August 19, 2026, related to Parker-Hannifin common stock, as part of his compensation.
What is the exercise price of the Stock Appreciation Rights granted to Jay Reidy at PH?
The Stock Appreciation Rights granted to Jay Reidy have an exercise price of $1,023.25 per share, as specified in the derivative transaction details.
When do Jay Reidy’s Parker-Hannifin (PH) Stock Appreciation Rights vest?
The award to Jay Reidy vests in three equal annual installments beginning on August 19, 2027, according to the accompanying footnote.
When do the Stock Appreciation Rights granted to Jay Reidy at PH expire?
The Stock Appreciation Rights granted to Jay Reidy expire on August 18, 2036, as shown in the derivative security details.
How many Stock Appreciation Rights does Jay Reidy hold after this Parker-Hannifin (PH) transaction?
After the reported grant, Jay Reidy holds a total of 3,536 Stock Appreciation Rights directly, matching the full amount of the new award.
AI-generated analysis. How Rhea-AI works. Not financial advice.