Parker-Hannifin (PH) VP awarded 3,811 shares, 1,682 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker-Hannifin Corp executive Scott Patrick reported equity compensation-related transactions in company common stock. He received a grant or award of 3,811 shares, increasing his direct holdings to 7,266 shares after the award.
In a separate move, 1,682 shares were disposed of as a tax-withholding transaction, leaving 5,584 shares in his direct account immediately after that step. He also has 77.68 shares held indirectly through the Parker Retirement Savings Plan, reflecting retirement-related ownership rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Scott Patrick
Role
VP & Pres. - Fluid Conn.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,811 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,682 | $954.43 | $1.61M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,266 shares (Direct, null);
Common Stock — 77.68 shares (Indirect, Parker Retirement Savings Plan)
Footnotes (1)
Key Figures
Share grant: 3,811 shares
Tax-withholding shares: 1,682 shares
Tax-withholding price: $954.43/share
+3 more
6 metrics
Share grant
3,811 shares
Common stock grant/award to Scott Patrick
Tax-withholding shares
1,682 shares
Shares delivered for tax liability at $954.43 per share
Tax-withholding price
$954.43/share
Value used for 1,682-share tax-withholding disposition
Direct holdings after grant
7,266 shares
Total common shares directly held following grant transaction
Direct holdings after tax withholding
5,584 shares
Total common shares directly held after tax-withholding step
Indirect retirement holdings
77.68 shares
Common shares held via Parker Retirement Savings Plan
Key Terms
tax-withholding disposition, Grant, award, or other 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, or other acquisition financial
"transaction_code_description": "Grant, award, or other 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) executive Scott Patrick report in this Form 4?
Scott Patrick reported an equity compensation grant and a tax-related share disposition. He received 3,811 shares of common stock as a grant and had 1,682 shares disposed of to cover tax obligations, with updated direct and indirect holdings disclosed.