PH Form 4: Robert W. Malone Receives 4,444 Stock Appreciation Rights

Rhea-AI Filing Summary

Robert W. Malone, Vice President of Parker-Hannifin Corporation (PH), received a grant of Stock Appreciation Rights (SARs) on 08/20/2025. The award covers 4,444 SARs tied to 4,444 shares of common stock, recorded as acquired on 08/20/2025 and reported on Form 4 on 08/22/2025. The SARs have a reference price of $742.97, become exercisable in part beginning 08/20/2026, and expire on 08/19/2035. The filing states the award vests in three equal annual installments starting 08/20/2026. Following the grant, Malone is shown as beneficially owning 4,444 shares derived from these SARs on a direct basis. The Form 4 was signed by an attorney-in-fact on Malone's behalf.

Positive

• Grant disclosed: The Form 4 clearly reports a grant of 4,444 SARs to Robert W. Malone.
• Vesting schedule provided: The award vests in three equal annual installments beginning 08/20/2026.
• Complete exercisability and expiration dates: Exercisable from 08/20/2026, expiring 08/19/2035.

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine executive equity award of 4,444 SARs was granted to a VP; this is a non-cash compensation event with specified vesting.

The Form 4 documents a grant of 4,444 Stock Appreciation Rights to Robert W. Malone on 08/20/2025 with a reference price of $742.97, exercisable beginning 08/20/2026 and expiring 08/19/2035. The award vests in three equal annual installments starting 08/20/2026 and is reported as directly beneficially owned following the grant. This notice is a standard disclosure of insider compensation and does not by itself provide financial performance data or change outstanding share counts reported elsewhere.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported SAR grant; vesting schedule and exercisability are clearly stated.

The Form 4 includes required details: reporting person identity, relationship (Vice President), transaction date, number of SARs (4,444), reference price ($742.97), exercisability date (08/20/2026), expiration (08/19/2035), and a vesting schedule (three equal annual installments). The filing bears a dated signature by an attorney-in-fact. This meets Section 16 reporting norms for insider awards.

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
Estimated average burden
hours per response:			0.5

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^*

Malone Robert W

(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

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		4,444		08/20/2026(1)	08/19/2035	Common Stock	4,444	$0	4,444	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

Who filed the Form 4 for Parker-Hannifin (PH)?

The filing reports transactions by Robert W. Malone, identified as a Vice President, with the Form signed by an attorney-in-fact on 08/22/2025.

What security was granted to Robert W. Malone on 08/20/2025?

He was granted Stock Appreciation Rights (SARs) covering 4,444 underlying shares of common stock.

What are the key economic terms of the SAR grant in the Form 4?

The SARs show a reference price of $742.97, are exercisable beginning 08/20/2026, and expire on 08/19/2035.

How does the SAR vest according to the filing?

The filing states the SAR award vests in three equal annual installments beginning on 08/20/2026.

How many SAR-derived shares does Malone beneficially own after the transaction?

The Form 4 reports Malone as beneficially owning 4,444 shares derived from the SARs following the grant.