Parker-Hannifin EVP exercises awards, sells shares
Parker-Hannifin executive Mark J. Hart, EVP-HR & External Affairs, reported several equity transactions in Parker-Hannifin Corp common stock.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 6,740 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,740 | $296.00 | $2.00M |
| Exercise Price or Tax Liability | Common Stock | 3,936 | $1,005.31 | $3.96M |
| Sale | Common Stock | 2,804 | $1,009.12 | $2.83M |
| holding | Common Stock | -- | -- | -- |
FAQ
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What insider transaction did Mark J. Hart report for Parker-Hannifin (PH)?
What is Mark J. Hart’s role at Parker-Hannifin (PH) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.