PH Insider Filing: 7,878 Stock Appreciation Rights Awarded to CFO

Rhea-AI Filing Summary

Todd M. Leombruno, EVP & CFO of Parker-Hannifin Corp (PH), received a grant of 7,878 Stock Appreciation Rights (SARs) on 08/20/2025. The SARs have a reference price of $742.97, vested in three equal annual installments beginning 08/20/2026, are first exercisable on 08/20/2026 and expire on 08/19/2035. Following the award, Mr. Leombruno beneficially owns 7,878 SARs directly. The Form 4 was filed on behalf of the reporting person by an attorney-in-fact on 08/22/2025. The filing discloses the grant details and vesting schedule but does not report any cash exercise or sale of shares.

Positive

• Grant of 7,878 Stock Appreciation Rights to the EVP & CFO, aligning compensation with future performance
• Clear vesting schedule: vests in three equal annual installments beginning 08/20/2026, supporting retention
• Long expiration through 08/19/2035, providing extended performance horizon

Negative

• None.

Insights

Financial Analyst

TL;DR: A standard executive equity award with multi-year vesting, limited immediate market impact.

The grant of 7,878 Stock Appreciation Rights to the EVP & CFO is a compensation event rather than a cash or share disposal. The SARs use a reference price of $742.97 and vest over three years starting 08/20/2026, which aligns executive incentives with multi-year performance retention. Because these are SARs (not immediate share issuances) and no exercise or sale is reported, the short-term dilution and cash-flow impact are likely minimal. This disclosure is routine for senior executives and provides transparency on insider compensation timing and potential future dilution if exercised.

Corporate Governance Expert

TL;DR: Governance-wise this is a routine, time‑vested award consistent with retention practices.

The filing shows a direct beneficial ownership of 7,878 SARs awarded to the EVP & CFO with a clear vesting schedule (three equal annual installments beginning 08/20/2026) and a long expiration through 08/19/2035. The explicit vesting timeline supports alignment of management incentives with long-term shareholder value. The Form 4 supplies the necessary transparency for Section 16 reporting; there are no indications of atypical acceleration, related-party transactions, or deviation from standard equity-compensation protocols in the document provided.

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^*

Leombruno Todd M.

(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)
	EVP & CFO

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		7,878		08/20/2026(1)	08/19/2035	Common Stock	7,878	$0	7,878	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 Parker-Hannifin (PH) disclose in this Form 4 for Todd M. Leombruno?

The Form 4 reports a grant of 7,878 Stock Appreciation Rights to EVP & CFO Todd M. Leombruno on 08/20/2025 with a reference price of $742.97.

When do the awarded SARs vest and when do they expire?

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

Does the Form 4 report any sale or exercise of securities by the reporting person?

No. The filing reports an award (acquisition) of SARs and does not show any exercise or sale transactions.

How many SARs does Mr. Leombruno beneficially own after the reported transaction?

Following the reported transaction, Mr. Leombruno beneficially owns 7,878 SARs directly.

Who filed the Form 4 and when was it signed?

The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Stephanie R. Breitenbach, on 08/22/2025.