Parker-Hannifin (PH) VP & Controller reports stock grant and tax withholding
Rhea-AI Filing Summary
Parker-Hannifin VP & Controller Angela R. Ives reported routine share-based compensation activity. She received a grant or award of 1,563 shares of common stock, increasing her direct holdings to 4,341 shares. On the same date, 682 shares were disposed of to cover tax obligations, leaving 3,659 shares directly held immediately after that tax-withholding transaction.
In addition to these direct holdings, 542.2 shares are held through the Parker Retirement Savings Plan and 40 shares are held indirectly through her children. These entries reflect indirect ownership rather than market purchases or sales.
Positive
- None.
Negative
- None.
Insights
Routine equity award with tax withholding; no open-market trading.
Angela R. Ives, VP & Controller of Parker-Hannifin, received a grant or award of 1,563 common shares. This is coded as an acquisition (A), typical for stock-based compensation rather than a market purchase.
The disposition of 682 shares is coded F, meaning shares were withheld to satisfy tax obligations at a price of $954.43 per share. This is not an open-market sale and mainly affects how much of the award she retains rather than signaling a change in her view of the stock.
Following these entries, she directly holds 4,341 shares, plus indirect interests through a retirement plan and children. Overall, the filing shows standard compensation and tax mechanics, with no evidence of discretionary buying or selling activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,563 | $0.00 | -- |
| Tax Withholding | Common Stock | 682 | $954.43 | $651K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |