Parker-Hannifin (NYSE: PH) awards tech chief stock rights at $1,023.25
Rhea-AI Filing Summary
Parker-Hannifin Corp (PH) reported an insider equity award to executive Mark T. Czaja, Vice President and Chief Technology & Innovation Officer. He received a grant of 2,357 Stock Appreciation Rights tied to an equivalent number of common shares at an exercise price of $1,023.25 per share. These rights vest in three equal annual installments beginning August 19, 2027 and expire on August 18, 2036. Following this grant, he holds 2,357 Stock Appreciation Rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Czaja Mark T
Role
VP-Chief Tech&Innovation Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Rights F1 | 2,357 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Rights — 2,357 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: 2,357 Stock Appreciation Rights
Exercise price: $1,023.25 per share
Underlying common shares: 2,357 shares
+2 more
5 metrics
Stock Appreciation Rights granted
2,357 Stock Appreciation Rights
Grant to VP-Chief Tech&Innovation Off. on August 19, 2026
Exercise price
$1,023.25 per share
Conversion or exercise price for the 2,357 Stock Appreciation Rights
Underlying common shares
2,357 shares
Underlying Parker-Hannifin common stock tied to the Stock Appreciation Rights
Vesting start date
August 19, 2027
First of three equal annual vesting installments for the award
Expiration date
August 18, 2036
Expiration of the Stock Appreciation Rights granted to Mark T. Czaja
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 insider transaction did Parker-Hannifin (PH) report for Mark T. Czaja?
Parker-Hannifin reported that VP-Chief Technology & Innovation Officer Mark T. Czaja received a grant of 2,357 Stock Appreciation Rights on August 19, 2026, representing rights over 2,357 shares of common stock.
What is the exercise price of the Stock Appreciation Rights granted at PH?
The Stock Appreciation Rights granted to Mark T. Czaja have an exercise price of $1,023.25 per share, applicable to 2,357 underlying shares of Parker-Hannifin common stock.
When do the newly granted Stock Appreciation Rights at Parker-Hannifin (PH) vest?
The Stock Appreciation Rights granted to Mark T. Czaja vest in three equal annual installments beginning on August 19, 2027, as disclosed in the footnote to the award.
What is the expiration date of Mark T. Czaja’s Stock Appreciation Rights at PH?
The Stock Appreciation Rights awarded to Mark T. Czaja at Parker-Hannifin have an expiration date of August 18, 2036, after which they can no longer be exercised.
How many Stock Appreciation Rights does Mark T. Czaja hold after this PH transaction?
Following this reported grant, Mark T. Czaja holds 2,357 Stock Appreciation Rights directly, corresponding to rights over an equivalent number of shares of Parker-Hannifin common stock.
Is the reported Parker-Hannifin (PH) insider transaction a purchase or a grant?
The reported insider transaction is a grant/award acquisition of 2,357 Stock Appreciation Rights, coded as an “A” (Grant, award, or other acquisition) transaction, not an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
