Parker-Hannifin VP reports stock award and tax withholding
Parker-Hannifin Corp executive Matthew A. Jacobson, VP & Pres.-Filtration Group, reported routine share-based compensation and related tax withholding.
Rhea-AI Filing Summary
Parker-Hannifin Corp executive Matthew A. Jacobson, VP & Pres.-Filtration Group, reported routine share-based compensation and related tax withholding. He received a grant of 1,424 shares of common stock at $0.00 per share as a stock award. To cover tax obligations, 585 shares of common stock were withheld at $954.43 per share, reducing the net shares he retained from this event. After these transactions, he directly owned 1,839 common shares, and he indirectly held 285.27 shares through the Parker Retirement Savings Plan. His direct position includes a Restricted Stock Unit award granted on November 1, 2023 that is scheduled to vest on November 1, 2026, indicating part of his reported holdings is unvested equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,424 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 585 | $954.43 | $558K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Includes the Restricted Stock Unit award, which was granted on November 1, 2023 and vests on November 1, 2026.
Key Figures
Key Terms
Restricted Stock Unit financial
tax-withholding disposition financial
Parker Retirement Savings Plan financial
grant/award acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Parker-Hannifin (PH) report for Matthew A. Jacobson?
Was the Parker-Hannifin (PH) Form 4 transaction an open-market sale or purchase?
What is the Restricted Stock Unit award mentioned in the Parker-Hannifin (PH) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.