Parker-Hannifin (PH) CFO receives 8,343-share award and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker-Hannifin Corp EVP & CFO Todd M. Leombruno reported routine equity compensation and related tax withholding in company stock. He received a grant of 8,343 shares of Common Stock at $0.00 per share, increasing his directly held position to 28,953 shares after the grant.
To cover tax obligations, 3,638 shares of Common Stock were disposed of at $954.43 per share as a tax-withholding transaction, leaving 25,315 shares directly held immediately after that event. He also reports 3,632.43 shares held indirectly through the Parker Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Leombruno Todd M.
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,343 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,638 | $954.43 | $3.47M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,953 shares (Direct, null);
Common Stock — 3,632.43 shares (Indirect, Parker Retirement Savings Plan)
Footnotes (1)
Key Figures
Equity award: 8,343 shares
Grant price: $0.00 per share
Tax-withheld shares: 3,638 shares
+4 more
7 metrics
Equity award
8,343 shares
Common Stock grant at $0.00 per share
Grant price
$0.00 per share
Price for 8,343-share Common Stock award
Tax-withheld shares
3,638 shares
Shares delivered for tax obligations
Tax-withholding price
$954.43 per share
Price used for tax-withholding disposition
Direct holdings after grant
28,953 shares
Common Stock directly owned after award
Direct holdings after withholding
25,315 shares
Common Stock directly owned after tax-withholding transaction
Indirect holdings
3,632.43 shares
Held through Parker Retirement Savings Plan
Key Terms
tax-withholding disposition, grant/award acquisition, Parker Retirement Savings Plan, Common Stock
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
Parker Retirement Savings Plan financial
"nature_of_ownership: "Parker Retirement Savings Plan""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Parker-Hannifin (PH) CFO Todd Leombruno report in this Form 4?
He reported an equity award and related tax withholding. Todd M. Leombruno received 8,343 shares of Parker-Hannifin Common Stock as a grant and had 3,638 shares withheld to cover tax obligations tied to equity compensation.