Parker-Hannifin (NYSE: PH) awards 3,536 stock rights at $1,023
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that officer Patrick Scott, VP & Pres-Fluid Conn. Grp., received a grant of 3,536 Stock Appreciation Rights on 2026-08-19. Each right relates to one share of common stock at an exercise price of $1,023.25, expiring on 2036-08-18, and vesting in three equal annual installments beginning 2027-08-19.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scott Patrick
Role
VP & Pres-Fluid Conn. 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 rights
Exercise price: $1,023.25 per right
Underlying common shares: 3,536 shares
+3 more
6 metrics
Stock Appreciation Rights granted
3,536 rights
Grant to Patrick Scott on 2026-08-19
Exercise price
$1,023.25 per right
Conversion or exercise price for the Stock Appreciation Rights
Underlying common shares
3,536 shares
Each right corresponds to one share of common stock
Vesting schedule start
2027-08-19
First of three equal annual vesting installments
Expiration date
2036-08-18
Expiration of Stock Appreciation Rights if not exercised
Holdings after transaction
3,536 Stock Appreciation Rights
Total derivative holdings reported following the grant
Key Terms
Stock Appreciation Rights, exercise price, expiration date
3 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.
FAQ
What insider transaction did Parker-Hannifin (PH) report for Patrick Scott?
Parker-Hannifin reported that Patrick Scott received a grant of 3,536 Stock Appreciation Rights on 2026-08-19 as equity-based compensation tied to the company’s common stock.
What is the exercise price of Patrick Scott’s new Stock Appreciation Rights at PH?
The Stock Appreciation Rights granted to Patrick Scott have an exercise price of $1,023.25 per underlying share of Parker-Hannifin common stock.
When do Patrick Scott’s Parker-Hannifin (PH) Stock Appreciation Rights vest?
The Stock Appreciation Rights awarded to Patrick Scott vest in three equal annual installments, beginning on 2027-08-19, according to the grant’s vesting schedule.
When do the newly granted Stock Appreciation Rights at PH expire?
The Stock Appreciation Rights granted to Patrick Scott on 2026-08-19 have an expiration date of 2036-08-18, if not earlier exercised or forfeited under the applicable plan.
How many Stock Appreciation Rights does Patrick Scott hold after this PH transaction?
Following this grant, Patrick Scott holds 3,536 Stock Appreciation Rights related to Parker-Hannifin common stock as reported in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.