Parker-Hannifin (NYSE: PH) awards CEO 22,098 stock rights
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that Chief Executive Officer and director Jennifer A. Parmentier received a grant of 22,098 Stock Appreciation Rights on August 19, 2026. These derivative awards relate to an equal number of shares of common stock and carry an exercise price of $1,023.25 per share, expiring on August 18, 2036.
According to the award terms, the Stock Appreciation Rights vest in three equal annual installments beginning August 19, 2027. Following this grant, Parmentier holds a total of 22,098 Stock Appreciation Rights directly.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parmentier Jennifer A
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 22,098 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 22,098 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: 22,098 rights
Exercise price: $1,023.25 per share
Underlying common shares: 22,098 shares
+3 more
6 metrics
Stock Appreciation Rights granted
22,098 rights
Grant to CEO Jennifer A. Parmentier on August 19, 2026
Exercise price
$1,023.25 per share
Conversion or exercise price for the Stock Appreciation Rights
Underlying common shares
22,098 shares
Common stock underlying the Stock Appreciation Rights grant
Vesting commencement date
August 19, 2027
First of three equal annual vesting installments
Expiration date
August 18, 2036
Expiration of the Stock Appreciation Rights award
Total SARs held after transaction
22,098 rights
Direct holdings of CEO Jennifer A. Parmentier after 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 insider transaction did Parker-Hannifin Corp (PH) report for Jennifer A. Parmentier?
Parker-Hannifin reported that CEO Jennifer A. Parmentier received a grant of 22,098 Stock Appreciation Rights on August 19, 2026, tied to the company’s common stock, as part of her compensation.
What is the exercise price and expiration for the new Stock Appreciation Rights at PH?
The new Stock Appreciation Rights granted to Parker-Hannifin (PH) CEO Jennifer A. Parmentier have an exercise price of $1,023.25 per share and an expiration date of August 18, 2036.
When do Jennifer A. Parmentier’s newly granted Stock Appreciation Rights at PH vest?
The Stock Appreciation Rights granted to Parker-Hannifin (PH) CEO Jennifer A. Parmentier vest in three equal annual installments beginning August 19, 2027, according to the award’s footnote disclosure.
How many Stock Appreciation Rights does the PH CEO hold after this transaction?
After the August 19, 2026 grant, Parker-Hannifin (PH) CEO Jennifer A. Parmentier holds 22,098 Stock Appreciation Rights directly, as reported in the Form 4 filing.
Is the reported PH insider transaction a purchase or a grant of rights?
The reported transaction for Parker-Hannifin (PH) involves a grant of Stock Appreciation Rights to CEO Jennifer A. Parmentier, categorized as a grant, award, or other acquisition rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.