Parker-Hannifin Insider Grant — 4,848 Stock Appreciation Rights Awarded

Rhea-AI Filing Summary

Parker-Hannifin (PH) reporting person Scott Patrick, VP & President of the Fluid Connection Group, was granted 4,848 stock appreciation rights (SARs) on 08/20/2025. The SARs cover 4,848 shares of common stock and are exercisable for the same number of shares at a $0 exercise price, with an award value shown as $742.97 per SAR at grant. The award vests in three equal annual installments beginning 08/20/2026 and expires 08/19/2035, with the first tranche exercisable 08/20/2026. The transaction was reported on Form 4 by one reporting person and signed by an attorney-in-fact.

Positive

• Grant of 4,848 SARs aligns executive compensation with shareholder value through equity-linked incentives
• Three-year vesting beginning 08/20/2026 supports retention through multiple years
• Long expiration to 08/19/2035 provides extended performance horizon for realization

Negative

• None.

Insights

Compensation Analyst

TL;DR: A routine executive long-term incentive grant: 4,848 SARs with a multi-year vesting schedule, aligning pay with stock performance.

The grant of 4,848 stock appreciation rights to a senior business unit executive is a standard retention and performance-alignment tool. A $0 strike price indicates settlement in common stock value rather than cash payment mechanics disclosed here. The three-year annual vesting beginning in 2026 encourages retention through 2028 while the 2035 expiration provides a long performance window. This type of award is typically dilutive only when exercised and is common practice for senior officers.

Corporate Governance Expert

TL;DR: Disclosure is standard and complete for an insider award; no governance red flags apparent from this Form 4 alone.

The Form 4 clearly identifies the reporting person, relationship to the issuer, transaction date, and the amount and vesting schedule for the SARs. There is no indication of unusual timing, related-party issues, or immediate sales. As filed by one reporting person and signed via attorney-in-fact, the filing adheres to required Section 16 disclosure conventions. Material governance conclusions cannot be drawn from a single routine grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Scott Patrick

(Last) (First) (Middle)

6035 PARKLAND BOULEVARD

(Street)

CLEVELAND OH 44124

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Parker-Hannifin Corp [ PH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Pres-Fluid Conn. Grp.

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights	$742.97	08/20/2025		A		4,848		08/20/2026(1)	08/19/2035	Common Stock	4,848	$0	4,848	D

Explanation of Responses:

1. The Stock Appreciation Rights award vests in three equal annual installments beginning 8/20/26.

	/s/Stephanie R. Breitenbach, Attorney-in-Fact	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Scott Patrick report on the Form 4 for Parker-Hannifin (PH)?

He reported a grant of 4,848 stock appreciation rights (SARs) on 08/20/2025, covering 4,848 shares of common stock.

When do the SARs granted to Scott Patrick vest and expire?

The SARs vest in three equal annual installments beginning 08/20/2026 and expire on 08/19/2035.

What is the exercise price and underlying shares for the SARs?

The SARs have an effective exercise price shown as $0 in the filing and underlie 4,848 shares of common stock.

Was this Form 4 filed by more than one reporting person?

No. The form indicates it was filed by one reporting person and was signed by an attorney-in-fact on behalf of the reporting person.

Does this Form 4 show any sales or dispositions by the reporting person?

No. The filing documents an acquisition (grant) of SARs, not a sale or disposition.