STOCK TITAN

Parker-Hannifin (PH) EVP exercises stock rights and sells common shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Parker-Hannifin executive Mark J. Hart, EVP-HR & External Affairs, reported several equity transactions in Parker-Hannifin Corp common stock. On February 12, 2026, he exercised 6,740 stock appreciation rights at an exercise price of $296 per share, receiving the same number of common shares.

To cover taxes associated with this exercise, he disposed of 3,936 shares at $1,005.31 per share in a tax-withholding transaction, and separately completed an open‑market sale of 2,804 shares at $1,009.12 per share. Following these transactions, he directly owned 7,063 common shares and held an additional 668.16 shares indirectly through the Parker Retirement Savings Plan.

Positive

  • None.

Negative

  • None.

Insights

Executive exercised equity awards and sold shares, a typical compensation-related transaction.

The filing shows Mark J. Hart converting 6,740 stock appreciation rights into common shares at an exercise price of $296. This is a non-cash, compensation-driven event where derivative awards become directly owned stock, increasing his gross share position before related disposals.

He then used 3,936 shares at $1,005.31 to satisfy tax or exercise obligations and sold 2,804 shares at $1,009.12 in an open-market transaction on February 12, 2026. After these trades, he held 7,063 shares directly and 668.16 shares indirectly via the Parker Retirement Savings Plan. These movements are consistent with routine management of equity compensation rather than a standalone strategic signal.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hart Mark J

(Last) (First) (Middle)
6035 PARKLAND BOULEVARD

(Street)
CLEVELAND OH 44124

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Parker-Hannifin Corp [ PH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP-HR & External Affairs
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 M 6,740 A $296 13,803 D
Common Stock 02/12/2026 F 3,936 D $1,005.31 9,867 D
Common Stock 02/12/2026 S 2,804 D $1,009.12 7,063 D
Common Stock 668.16 I Parker Retirement Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Rights $296 02/12/2026 M 6,740 08/11/2022 08/10/2031 Common Stock 6,740 $0 0 D
Explanation of Responses:
/s/ Stephanie R. Breitenbach, Attorney-In-Fact 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Mark J. Hart report for Parker-Hannifin (PH)?

Mark J. Hart reported exercising 6,740 stock appreciation rights into Parker-Hannifin common shares. He then used some shares for taxes and sold others on the open market, updating his direct and indirect ownership positions in the stock.

How many Parker-Hannifin shares did Mark J. Hart acquire through option exercise?

He acquired 6,740 Parker-Hannifin common shares by exercising stock appreciation rights at an exercise price of $296 per share. This conversion moved value from a derivative award into directly held common stock on the transaction date.

What Parker-Hannifin shares did Mark J. Hart dispose of to cover taxes?

He disposed of 3,936 Parker-Hannifin common shares in a tax-withholding transaction at $1,005.31 per share. This type of transaction typically satisfies tax or exercise obligations linked to equity award exercises, rather than representing a discretionary open‑market sale.

Did Mark J. Hart sell Parker-Hannifin shares in the open market?

Yes. He reported an open‑market sale of 2,804 Parker-Hannifin common shares at $1,009.12 per share. This sale followed his exercise of stock appreciation rights and occurred on the same date as the equity award conversion.

How many Parker-Hannifin shares does Mark J. Hart own after these transactions?

After the reported transactions, he directly owned 7,063 Parker-Hannifin common shares. In addition, he held 668.16 shares indirectly through the Parker Retirement Savings Plan, reflecting his combined equity exposure to the company.

What is Mark J. Hart’s role at Parker-Hannifin (PH) in this Form 4 filing?

In the filing, Mark J. Hart is identified as an officer of Parker-Hannifin, serving as EVP-HR & External Affairs. His position explains why his equity transactions in the company’s common stock are reportable as insider activity.
Parker-Hannifin

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United States
CLEVELAND