Parker-Hannifin (NYSE: PH) gives VP 3,241 rights at $1,023.25
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that officer Rachid Bendali, VP & President – Engineered Materials Group, received a grant of 3,241 Stock Appreciation Rights on 2026-08-19. Each right has an exercise price of $1,023.25 per share and is tied to 3,241 shares of common stock. The award vests in three equal annual installments beginning 2027-08-19 and expires on 2036-08-18. Following this grant, Bendali holds 3,241 such derivative securities directly.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bendali Rachid
Role
VP & Pres.- Eng. Mat. Grp.
| 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 shares (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 rights
Exercise price: $1,023.25 per share
Underlying common stock: 3,241 shares
+3 more
6 metrics
Stock Appreciation Rights granted
3,241 rights
Grant to Rachid Bendali on 2026-08-19
Exercise price
$1,023.25 per share
Conversion or exercise price for the Stock Appreciation Rights
Underlying common stock
3,241 shares
Shares of common stock underlying the Stock Appreciation Rights
Total derivative securities after transaction
3,241 rights
Total Stock Appreciation Rights held directly by Rachid Bendali after the grant
Vesting commencement date
2027-08-19
First of three equal annual vesting installments
Expiration date
2036-08-18
Expiration of the Stock Appreciation Rights grant
Key Terms
Stock Appreciation Rights, exercise price, vesting, expiration date
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.
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.
expiration date financial
"expiration_date: "2036-08-18""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity award did Parker-Hannifin (PH) grant to Rachid Bendali?
Parker-Hannifin granted 3,241 Stock Appreciation Rights to officer Rachid Bendali on 2026-08-19, each tied to one share of common stock with an exercise price of $1,023.25 and an expiration date of 2036-08-18.
What is the exercise price of the new Stock Appreciation Rights at PH?
The Stock Appreciation Rights granted to Rachid Bendali have an exercise price of $1,023.25 per share, as stated for the 3,241 rights awarded on 2026-08-19.
How do the new Parker-Hannifin (PH) Stock Appreciation Rights vest?
The Stock Appreciation Rights granted to Rachid Bendali vest in three equal annual installments, beginning on 2027-08-19, according to the vesting footnote in the filing.
When do Rachid Bendali’s new Stock Appreciation Rights at PH expire?
The 3,241 Stock Appreciation Rights granted to Rachid Bendali expire on 2036-08-18, giving a term of roughly ten years from the grant date of 2026-08-19.
What are Rachid Bendali’s derivative holdings after this PH Form 4 transaction?
After the grant, Rachid Bendali directly holds 3,241 Stock Appreciation Rights at Parker-Hannifin, matching the full amount of the award reported in this Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
