PH Form 4: EVP Leonti Granted 4,848 Stock Appreciation Rights
Rhea-AI Filing Summary
Parker-Hannifin insider filing reports an award of Stock Appreciation Rights (SARs) to Joseph R. Leonti, Executive Vice President, General Counsel & Secretary. The Form 4 discloses that on 08/20/2025 Mr. Leonti was granted 4,848 SARs with a listed reference price of $742.97. The award is recorded as an acquisition (A) of 4,848 underlying shares and the reporting person beneficially owns 4,848 shares following the transaction. The SARs vest in three equal annual installments beginning 08/20/2026 and have an exercisable/expiration schedule indicating an exercise window starting 08/20/2026 and an expiration date of 08/19/2035. The form is signed by an attorney-in-fact on 08/22/2025.
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Insights
TL;DR: Executive received a time‑vested SAR award of 4,848 units, vesting in three equal annual installments starting 08/20/2026.
The filing documents a standard equity‑based compensation grant to an officer: 4,848 Stock Appreciation Rights granted on 08/20/2025 with a referenced price of $742.97 and an exercise/expiration range from 08/20/2026 to 08/19/2035. The award vests in three equal annual installments beginning 08/20/2026, as stated. Such SARs convert to 4,848 shares of common stock upon exercise according to the table. This is a routine disclosure of executive compensation and does not by itself indicate a change in governance or control.
TL;DR: Form 4 reports an officer acquisition of 4,848 SARs resulting in beneficial ownership of 4,848 shares after the transaction.
The report shows the reporting person acquired 4,848 Stock Appreciation Rights on 08/20/2025 and records 4,848 shares beneficially owned following the transaction. The exercise/expiration dates are listed as exercisable 08/20/2026 through expiration 08/19/2035. The filing is signed 08/22/2025. From a securities‑reporting perspective, this is a timely Section 16 disclosure of a grant to an insider; there are no additional obligations or amendments noted in the form beyond the single award disclosed.