Parker-Hannifin (PH) VP gets stock grant as 1,970 shares withheld
Rhea-AI Filing Summary
Parker-Hannifin executive Dinu J. Parel, VP and Chief Digital & Information Officer, reported compensation-related equity activity in company common stock. He received a grant of 4,467 shares, which increased his direct holdings to 11,001 shares.
To cover tax obligations linked to this award, 1,970 shares were disposed of as a tax-withholding transaction at $954.43 per share, rather than through an open-market sale. The filing also shows an indirect holding of 155.5 shares in the Parker Retirement Savings Plan. Overall, these transactions reflect routine equity compensation and related tax settlement, not discretionary buying or selling in the market.
Positive
- None.
Negative
- None.
Insights
Routine stock grant with shares withheld for taxes; no open‑market trading.
Dinu J. Parel received a 4,467-share stock grant, boosting his direct holdings to 11,001 Parker-Hannifin shares. This is labeled as a grant/award acquisition, indicating compensation rather than a market purchase.
On the same date, 1,970 shares were used for a tax-withholding disposition at $954.43 per share. Code F transactions are mechanical tax payments, not open-market sales, so they carry limited signaling value for investors.
The filing also notes 155.5 shares held indirectly through the Parker Retirement Savings Plan. With no derivative positions listed, these entries primarily clarify Parel’s current equity stake following this compensation event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,467 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,970 | $954.43 | $1.88M |
| holding | Common Stock | -- | -- | -- |
Key Figures
Key Terms
tax-withholding disposition financial
grant/award acquisition financial
Parker Retirement Savings Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.