Parker-Hannifin (NYSE: PH) grants supply-chain VP 1,621 stock rights
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that officer Thomas C. Gentile, VP-Global Supply Chain, received a grant of 1,621 Stock Appreciation Rights on August 19, 2026. The rights have an exercise price of $1,023.25 per underlying share of common stock, start to vest in three equal annual installments beginning August 19, 2027, and expire on August 18, 2036. Following this award, Gentile holds 1,621 such derivative rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gentile Thomas C
Role
VP-Global Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 1,621 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 1,621 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: 1,621 rights
Exercise price: $1,023.25 per share
Underlying common shares: 1,621 shares
+3 more
6 metrics
Stock Appreciation Rights granted
1,621 rights
Granted to Thomas C. Gentile on August 19, 2026
Exercise price
$1,023.25 per share
Conversion or exercise price for the Stock Appreciation Rights
Underlying common shares
1,621 shares
Number of Parker-Hannifin common shares underlying the Stock Appreciation Rights
Total rights following transaction
1,621 rights
Direct derivative holdings after the grant
Initial vesting date
August 19, 2027
First of three equal annual vesting installments
Expiration date
August 18, 2036
Expiration of the Stock Appreciation Rights
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) disclose for Thomas C. Gentile?
Parker-Hannifin disclosed that Thomas C. Gentile, VP-Global Supply Chain, received a grant of 1,621 Stock Appreciation Rights on August 19, 2026, tied to an equal number of shares of common stock.
What is the exercise price of the Stock Appreciation Rights granted at PH?
The Stock Appreciation Rights granted to Thomas C. Gentile have an exercise price of $1,023.25 per underlying share of Parker-Hannifin common stock.
How do the newly granted Stock Appreciation Rights at PH vest?
The Stock Appreciation Rights awarded to Thomas C. Gentile vest in three equal annual installments, beginning on August 19, 2027, according to the filing footnote.
When do the Stock Appreciation Rights granted to Thomas C. Gentile at PH expire?
The Stock Appreciation Rights granted to Thomas C. Gentile expire on August 18, 2036, if not exercised earlier, as stated in the filing.
How many Stock Appreciation Rights does Thomas C. Gentile hold after this PH grant?
After the reported grant, Thomas C. Gentile holds 1,621 Stock Appreciation Rights directly, matching the size of the August 19, 2026 award.
Were the PH insider transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (false), and there is no footnote stating the grant was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.