Parker-Hannifin (NYSE: PH) awards COO 6,777 stock appreciation rights
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that Chief Operating Officer Andrew D. Ross received a grant of 6,777 Stock Appreciation Rights on August 19, 2026. The SARs have an exercise price of $1,023.25 per share, are tied to an equivalent number of common shares, and vest in three equal annual installments beginning August 19, 2027. The award expires on August 18, 2036, and Ross now holds 6,777 SARs directly following this grant.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ross Andrew D
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 6,777 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 6,777 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: 6,777
Exercise price per SAR: $1,023.25 per share
Underlying common shares: 6,777 shares
+3 more
6 metrics
Stock Appreciation Rights granted
6,777
Grant to COO Andrew D. Ross on August 19, 2026
Exercise price per SAR
$1,023.25 per share
Conversion or exercise price for the SARs
Underlying common shares
6,777 shares
Common stock underlying the Stock Appreciation Rights
Exercise date
August 19, 2027
Initial exercise date associated with the SARs award
Expiration date
August 18, 2036
Expiration of the Stock Appreciation Rights award
Post-transaction SAR holdings
6,777
Total Stock Appreciation Rights held directly after the grant
Key Terms
Stock Appreciation Rights, exercise price, expiration date
3 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.
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 COO Andrew D. Ross?
Parker-Hannifin granted Andrew D. Ross 6,777 Stock Appreciation Rights on August 19, 2026, each linked to one share of common stock, with an exercise price of $1,023.25 per share and an expiration date of August 18, 2036.
When do Andrew D. Ross’s new Parker-Hannifin (PH) SARs vest?
The 6,777 Stock Appreciation Rights awarded to Andrew D. Ross vest in three equal annual installments, beginning on August 19, 2027, as disclosed in the footnote to the award.
What is the exercise price of the new SARs granted by Parker-Hannifin (PH)?
The Stock Appreciation Rights granted to Andrew D. Ross have an exercise price of $1,023.25 per share, with each SAR corresponding to one share of Parker-Hannifin common stock.
When do the Parker-Hannifin (PH) SARs granted to Andrew D. Ross expire?
The Stock Appreciation Rights granted to Andrew D. Ross on August 19, 2026 carry an expiration date of August 18, 2036, giving a life of roughly ten years from the grant date.
How many Stock Appreciation Rights in total does Andrew D. Ross hold after this Parker-Hannifin (PH) grant?
Following this transaction, Andrew D. Ross holds 6,777 Stock Appreciation Rights directly. This figure reflects the total SARs reported as held after the grant on August 19, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.