Parker-Hannifin (NYSE: PH) awards EVP 3,241 stock appreciation rights
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that executive officer Mark J. Hart, EVP-HR & External Affairs, received a grant of 3,241 Stock Appreciation Rights tied to an equal number of shares of 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, Hart directly holds 3,241 Stock Appreciation Rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hart Mark J
Role
EVP-HR & External Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 3,241 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 3,241 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: 3,241 rights
Exercise price: $1,023.25 per share
Shares underlying Stock Appreciation Rights: 3,241 shares
+3 more
6 metrics
Stock Appreciation Rights granted
3,241 rights
Grant to Mark J. Hart on 2026-08-19
Exercise price
$1,023.25 per share
Conversion or exercise price of Stock Appreciation Rights
Shares underlying Stock Appreciation Rights
3,241 shares
Common stock underlying the Stock Appreciation Rights grant
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
Stock Appreciation Rights held after grant
3,241 rights
Total Stock Appreciation Rights directly owned following the transaction
Key Terms
Stock Appreciation Rights, exercise price, vesting, expiration date
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.
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.
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.
FAQ
What insider transaction did Parker-Hannifin (PH) report for Mark J. Hart?
Parker-Hannifin reported that Mark J. Hart received a grant of 3,241 Stock Appreciation Rights, each tied to one share of common stock, with an exercise price of $1,023.25 per share and direct ownership of all 3,241 rights after the grant.
What is the exercise price of the Stock Appreciation Rights granted to Mark J. Hart at PH?
The Stock Appreciation Rights granted to Mark J. Hart have an exercise price of $1,023.25 per share, as stated for the award covering 3,241 underlying shares of Parker-Hannifin common stock.
When do Mark J. Hart’s Stock Appreciation Rights at Parker-Hannifin (PH) vest?
The Stock Appreciation Rights granted to Mark J. Hart vest in three equal annual installments, beginning on August 19, 2027, according to the award’s vesting schedule.
What is the expiration date of Mark J. Hart’s Stock Appreciation Rights at PH?
The Stock Appreciation Rights granted to Mark J. Hart expire on August 18, 2036, giving him a defined period to exercise the rights after vesting.
How many Stock Appreciation Rights does Mark J. Hart hold after this Form 4 transaction at PH?
After this reported transaction, Mark J. Hart directly holds 3,241 Stock Appreciation Rights, all from the newly granted award reported in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.