Parker-Hannifin awards VP 3,241 stock rights
Parker-Hannifin Corp (PH) reported that officer Dinu J. Parel, VP & Chief Digital & Information Officer, received a grant of 3,241 Stock Appreciation Rights on 2026-08-19.
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that officer Dinu J. Parel, VP & Chief Digital & Information Officer, received a grant of 3,241 Stock Appreciation Rights on 2026-08-19. The rights have an exercise price of $1,023.25 per share, are settled in common stock, vest in three equal annual installments beginning 2027-08-19, and expire on 2036-08-18. Following this award, Parel holds 3,241 such derivative securities directly.
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Insider Trade Summary
Grant/Award: 3,241 shares
Grant/Award
1 txn
Insider
Parel Dinu J
Role
VP & Chief Digital & Info Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 3,241 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 3,241 contracts (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: 3,241.0000 rights
Exercise price: $1,023.2500 per share
Underlying common shares: 3,241.0000 shares
+3 more
6 metrics
Stock Appreciation Rights granted
3,241.0000 rights
Derivative award granted to Dinu J. Parel on 2026-08-19
Exercise price
$1,023.2500 per share
Conversion or exercise price of the Stock Appreciation Rights
Underlying common shares
3,241.0000 shares
Common stock underlying the Stock Appreciation Rights
Post-transaction derivative holdings
3,241.0000 rights
Total Stock Appreciation Rights held by Dinu J. Parel after the grant
Vesting start date
2027-08-19
First vesting date; vests in three equal annual installments
Expiration date
2036-08-18
Expiration of the Stock Appreciation Rights award
Key Terms
Stock Appreciation Rights, exercise price, derivative, vesting
4 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.
derivative financial
""transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
vesting financial
"award vests in three equal annual installments beginning 8/19/27"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Parker-Hannifin (PH) report for Dinu J. Parel?
Parker-Hannifin reported that Dinu J. Parel received a grant of 3,241 Stock Appreciation Rights on 2026-08-19 as a derivative award tied to the company’s common stock.
What is the exercise price of the Stock Appreciation Rights granted at PH?
The Stock Appreciation Rights granted to Dinu J. Parel have an exercise price of $1,023.25 per share, with settlement in Parker-Hannifin common stock upon exercise.
When do the newly granted Stock Appreciation Rights at PH vest?
The Stock Appreciation Rights granted to Dinu J. Parel vest in three equal annual installments, beginning on 2027-08-19, according to the award footnote.
When do Dinu J. Parel’s Stock Appreciation Rights at PH expire?
The Stock Appreciation Rights granted on 2026-08-19 to Dinu J. Parel expire on 2036-08-18, giving a 10-year term from the grant date.
How many Stock Appreciation Rights does Dinu J. Parel hold after this PH transaction?
After this award, Dinu J. Parel is reported as directly holding 3,241 Stock Appreciation Rights related to Parker-Hannifin common stock.
Is the PH insider award to Dinu J. Parel under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and there is no footnote stating the grant was made under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.