STOCK TITAN

Parker-Hannifin (NYSE: PH) EVP Leonti gets stock grant, covers taxes with shares

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

Rhea-AI Filing Summary

Parker-Hannifin Corp executive Joseph R. Leonti reported routine equity compensation and related tax withholding transactions. He received a grant or award of 4,546 shares of common stock, increasing his direct holdings to 18,424 shares. Separately, 1,834 shares were disposed of to cover tax obligations at a price of $954.43 per share, a tax-withholding mechanism rather than an open-market sale. He also has 428.71 shares held indirectly through the Parker Retirement Savings Plan.

Positive

  • None.

Negative

  • None.

Insights

Routine share grant with tax withholding; no open-market trading.

Executive Joseph R. Leonti, EVP, General Counsel & Secretary of Parker-Hannifin, reported a grant of 4,546 common shares and a related tax-withholding disposition of 1,834 shares at $954.43 per share. These events reflect compensation and tax mechanics, not discretionary market buying or selling.

The filing shows his direct holdings at 18,424 shares after the grant and tax withholding, plus 428.71 shares held indirectly through the Parker Retirement Savings Plan. With no derivative positions listed and no open-market trades, this looks like standard equity compensation activity.

Because the disposition is coded as a tax-withholding event rather than a sale, and the grant increases his overall equity exposure, the informational content for outside investors is limited and does not by itself suggest a change in his view of the stock.

Insider Leonti Joseph R
Role EVP, Gen Counsel & Secretary
Type Security Shares Price Value
Grant/Award Common Stock 4,546 $0.00 --
Tax Withholding Common Stock 1,834 $954.43 $1.75M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 18,424 shares (Direct, null); Common Stock — 428.71 shares (Indirect, Parker Retirement Savings Plan)
Footnotes (1)
Share grant 4,546 shares Grant/award acquisition of common stock on April 22, 2026
Tax-withholding shares 1,834 shares Shares used for tax-withholding disposition on April 22, 2026
Tax-withholding price $954.43 per share Value applied to 1,834 shares for tax obligations
Direct holdings after transactions 18,424 shares Common stock directly owned after grant and tax withholding
Indirect plan holdings 428.71 shares Common stock held via Parker Retirement Savings Plan
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 1,834 shares at $954.43"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for 4,546 shares"
Parker Retirement Savings Plan financial
"nature_of_ownership: "Parker Retirement Savings Plan" for 428.71 shares"
indirect ownership financial
"ownership_type: "indirect" for holdings in the Parker Retirement Savings Plan"
SEC Form 4
FORM 4UNITED 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*
Leonti Joseph R

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

(Street)
CLEVELAND OHIO 44124

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Parker-Hannifin Corp [ PH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Gen Counsel & Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/22/2026A4,546A$018,424D
Common Stock04/22/2026F1,834D$954.4316,590D
Common Stock428.71IParker 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Stephanie R. Breitenbach, Attorney-In-Fact04/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Parker-Hannifin (PH) executive Joseph R. Leonti report in this Form 4?

He reported a share grant and related tax withholding. Leonti received 4,546 Parker-Hannifin common shares as a grant, while 1,834 shares were disposed of to satisfy tax obligations, leaving him with 18,424 directly held shares and additional indirect holdings.

Did Joseph R. Leonti buy or sell Parker-Hannifin (PH) shares on the open market?

The filing does not show open-market trades. It reports a grant of 4,546 shares and a tax-withholding disposition of 1,834 shares at $954.43, which covered tax liabilities rather than representing a voluntary market sale or purchase of Parker-Hannifin stock.

How many Parker-Hannifin (PH) shares does Joseph R. Leonti hold after these transactions?

After the reported transactions, Leonti holds 18,424 Parker-Hannifin common shares directly. He also has 428.71 shares held indirectly through the Parker Retirement Savings Plan, according to the Form 4 data for the same reporting date.

What is the meaning of the tax-withholding disposition in Joseph R. Leonti’s Parker-Hannifin (PH) Form 4?

The tax-withholding disposition reflects 1,834 shares surrendered at $954.43 per share to cover tax liabilities. This mechanism is coded “F” and is not an open-market sale; it simply uses shares to pay required taxes on equity compensation.

What role does Joseph R. Leonti hold at Parker-Hannifin (PH) in this Form 4?

He is identified as an officer of Parker-Hannifin, serving as EVP, General Counsel & Secretary. The reported transactions relate to his equity compensation and associated tax withholding, not to a change in his corporate role or responsibilities.