Parker-Hannifin (NYSE: PH) VP sells shares after rights exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker-Hannifin VP-Global Supply Chain Thomas C. Gentile reported several equity transactions on common stock. On February 12, 2026, he exercised 3,370 stock appreciation rights at an exercise price of $296 per share, receiving the same number of common shares. To cover obligations related to this exercise, 2,044 shares were disposed of through a tax-withholding transaction at $1,000 per share, and 1,326 shares were sold in an open-market transaction at $1,001.51 per share. After these transactions, he directly owned 5,465 common shares and indirectly held 888.34 shares through the Parker Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,326 shares ($1,328,002)
Net Sell
5 txns
Insider
Gentile Thomas C
Role
VP-Global Supply Chain
Sold
1,326 shs ($1.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 3,370 | $0.00 | -- |
| Exercise | Common Stock | 3,370 | $296.00 | $998K |
| Tax Withholding | Common Stock | 2,044 | $1,000.00 | $2.04M |
| Sale | Common Stock | 1,326 | $1,001.51 | $1.33M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct);
Common Stock — 8,835 shares (Direct);
Common Stock — 888.34 shares (Indirect, Parker Retirement Savings Plan)
Footnotes (1)
FAQ
What insider activity did Parker-Hannifin (PH) report for Thomas C. Gentile?
Parker-Hannifin VP-Global Supply Chain Thomas C. Gentile exercised 3,370 stock appreciation rights, then had 2,044 shares withheld for taxes and sold 1,326 shares in the open market, all on February 12, 2026, as disclosed in a Form 4 filing.
How many Parker-Hannifin (PH) stock appreciation rights did the VP exercise?
He exercised 3,370 stock appreciation rights at an exercise price of $296 per share. Those rights converted into 3,370 shares of Parker-Hannifin common stock, increasing his direct share ownership before subsequent tax-withholding and sale transactions on the same day.
How were taxes handled on the Parker-Hannifin (PH) equity exercise?
To satisfy tax or exercise-related obligations, 2,044 shares of Parker-Hannifin common stock were disposed of in a tax-withholding transaction at $1,000 per share. This occurred immediately after exercising 3,370 stock appreciation rights on February 12, 2026.
What role does Thomas C. Gentile hold at Parker-Hannifin (PH)?
Thomas C. Gentile serves as Parker-Hannifin’s VP-Global Supply Chain. His officer status makes him a reporting insider under Section 16 rules, requiring disclosure of equity transactions like option or rights exercises, tax-withholding dispositions, and open-market sales in Form 4 filings.