Parker-Hannifin (NYSE: PH) awards EVP 3,536 stock rights
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported that executive officer Joseph R. Leonti, EVP, General Counsel & Secretary, received a grant of 3,536 Stock Appreciation Rights tied to an equal number of shares of common stock. The award has an exercise price of $1,023.25 per share, vests in three equal annual installments beginning August 19, 2027, and expires on August 18, 2036. Following this grant, Leonti holds 3,536 such rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leonti Joseph R
Role
EVP, Gen Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 3,536 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 3,536 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: 3,536
Exercise price: $1,023.25 per share
Underlying common shares: 3,536
+3 more
6 metrics
Stock Appreciation Rights granted
3,536
Derivative award granted on 2026-08-19
Exercise price
$1,023.25 per share
Conversion or exercise price of Stock Appreciation Rights
Underlying common shares
3,536
Shares of Parker-Hannifin common stock underlying the Stock Appreciation Rights
Total Stock Appreciation Rights after transaction
3,536
Direct holdings following the grant
Vesting start date
August 19, 2027
First of three equal annual vesting installments
Expiration date
August 18, 2036
Expiration of Stock Appreciation Rights award
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 PH executive Joseph R. Leonti receive in this Form 4?
Joseph R. Leonti received a grant of 3,536 Stock Appreciation Rights, each tied to one share of Parker-Hannifin common stock, with an exercise price of $1,023.25 per share and an expiration date of August 18, 2036.
When do Joseph R. Leonti’s new Parker-Hannifin (PH) Stock Appreciation Rights vest?
The Stock Appreciation Rights awarded to Joseph R. Leonti vest in three equal annual installments, beginning on August 19, 2027, according to the award’s vesting schedule.
What is the exercise price of the Stock Appreciation Rights granted to the PH executive?
The Stock Appreciation Rights granted to Joseph R. Leonti have an exercise price of $1,023.25 per share, as stated in the Form 4 derivative transaction details.
How many Stock Appreciation Rights does Joseph R. Leonti hold after this PH transaction?
After the reported grant, Joseph R. Leonti holds 3,536 Stock Appreciation Rights directly, which matches the number of rights acquired in this Form 4 transaction.
What is the expiration date of the Stock Appreciation Rights granted by Parker-Hannifin (PH)?
The Stock Appreciation Rights granted to Joseph R. Leonti expire on August 18, 2036, as indicated in the derivative transaction’s expiration date field.
AI-generated analysis. How Rhea-AI works. Not financial advice.