Parker-Hannifin (NYSE: PH) digital chief exercises rights, sells common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker-Hannifin VP & Chief Digital & Info Officer Parel Dinu J reported several transactions in company common stock on February 2, 2026. He exercised 3,030 Stock Appreciation Rights at $296 per share into common stock, increasing his direct holdings before subsequent transactions.
On the same date, he had 1,714 shares withheld (code F) at $949.40 per share, and sold 1,209 shares at $950.01 and 107 shares at $950.48 per share. After these transactions, he directly owned 6,534 common shares and indirectly held 155.21 shares through the Parker Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,316 shares ($1,250,263)
Net Sell
6 txns
Insider
Parel Dinu J
Role
VP & Chief Digital & Info Off.
Sold
1,316 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 3,030 | $0.00 | -- |
| Exercise | Common Stock | 3,030 | $296.00 | $897K |
| Tax Withholding | Common Stock | 1,714 | $949.40 | $1.63M |
| Sale | Commmon Stock | 1,209 | $950.01 | $1.15M |
| Sale | Common Stock | 107 | $950.48 | $102K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct);
Common Stock — 9,564 shares (Direct);
Commmon Stock — 6,641 shares (Direct);
Common Stock — 155.21 shares (Indirect, Parker Retirement Savings Plan)
Footnotes (1)
FAQ
What insider transactions did Parker-Hannifin (PH) report for Parel Dinu J?
Parker-Hannifin reported that VP & Chief Digital & Info Officer Parel Dinu J exercised 3,030 Stock Appreciation Rights at $296 per share. On the same day, he had shares withheld and sold additional common shares at prices around $950 per share.
What derivative securities did Parel Dinu J exercise at Parker-Hannifin (PH)?
He exercised 3,030 Stock Appreciation Rights with a conversion price of $296 per share on February 2, 2026. These rights were originally granted on August 11, 2022 and were linked to an expiration date of August 10, 2031.
What does transaction code F mean in the Parker-Hannifin (PH) insider filing?
In this filing, transaction code F shows that 1,714 shares of Parker-Hannifin common stock were disposed of at $949.40 per share. This typically reflects shares withheld to cover obligations associated with an equity award exercise.
What role does Parel Dinu J hold at Parker-Hannifin (PH) in this insider report?
The insider report identifies Parel Dinu J as an officer of Parker-Hannifin, serving as VP & Chief Digital & Info Officer. He is not listed as a director or a 10% owner in this particular filing.