Parker-Hannifin (PH) COO gets 9,837-share award, 4,339 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker-Hannifin President & COO Andrew D. Ross reported compensation-related share activity. He received a grant of 9,837 shares of common stock, increasing his direct holdings to 22,957 shares. On the same date, 4,339 shares were withheld at $954.43 per share to cover tax obligations, a non-market disposition. He also indirectly holds 3,785.72 shares through the Parker Retirement Savings Plan and 404 shares held by his sons.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ross Andrew D
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,837 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,339 | $954.43 | $4.14M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,957 shares (Direct, null);
Common Stock — 404 shares (Indirect, Shares held by Sons)
Footnotes (1)
Key Figures
Share grant: 9,837 shares
Tax-withheld shares: 4,339 shares
Withholding price: $954.43 per share
+3 more
6 metrics
Share grant
9,837 shares
Common stock grant to President & COO Andrew D. Ross
Tax-withheld shares
4,339 shares
Shares withheld to cover tax obligations
Withholding price
$954.43 per share
Price used for tax-withholding disposition
Direct holdings after
22,957 shares
Direct common stock held after transactions
Retirement plan holdings
3,785.72 shares
Indirect holdings via Parker Retirement Savings Plan
Sons’ holdings
404 shares
Indirect holdings classified as shares held by sons
Key Terms
Form 4, tax-withholding disposition, grant, award, or other acquisition, Parker Retirement Savings Plan
4 terms
Form 4 regulatory
"The Form 4 shows a tax-withholding disposition of 4,339 shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"The Form 4 shows a tax-withholding disposition of 4,339 shares"
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
"Code “A” is described as a grant, award, or other acquisition"
Parker Retirement Savings Plan financial
"He indirectly holds 3,785.72 shares through the Parker Retirement Savings Plan"
FAQ
Was Andrew D. Ross’s Form 4 for Parker-Hannifin (PH) an open-market sale or a tax withholding?
The Form 4 shows a tax-withholding disposition of 4,339 shares at $954.43 per share, coded as “F.” This indicates shares were withheld to cover tax liabilities related to equity compensation, rather than an open-market sale initiated by Andrew D. Ross.
How does the Parker Retirement Savings Plan factor into Andrew D. Ross’s PH holdings?
The Form 4 shows Andrew D. Ross has indirect ownership of 3,785.72 Parker-Hannifin shares through the Parker Retirement Savings Plan. These are classified as indirectly held common stock, separate from his 22,957 directly held shares reported after the latest transactions.