Parker-Hannifin Corp (NYSE: PH) VP Sells 2,257 Common Shares
Rhea-AI Filing Summary
Robert W. Malone, a vice president of Parker-Hannifin Corp, reported selling 2,257 shares of Common Stock on August 8, 2025 in two transactions at $730.66 per share. After these sales he holds 5,866 common shares directly and 739.25 shares indirectly through the Parker Retirement Savings Plan. A separate balance of 169.28 shares of phantom stock in the Savings Restoration Plan was reclassified to a cash-settled plan that is economically equivalent to common stock and generally payable after separation from service.
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Insights
TL;DR: Officer reported two common-stock sales totaling 2,257 shares on 08/08/2025; filing also corrects phantom-share reporting.
The Form 4 documents two explicit sale entries for the reporting person: 1,038 and 1,219 shares at a listed price of $730.66 each, and shows the resulting beneficial ownership amounts of 7,085 and 5,866 shares following those transactions. The filing contains no earnings, guidance, or other operational data; it is a disclosure of insider trading activity and a reporting classification update for 169.28 phantom shares reclassified to derivative reporting.
TL;DR: Form 4 provides required disclosure of officer sales and fixes prior reporting placement of phantom stock, with a signed filing.
The filing clarifies the treatment of 169.28 phantom shares from the Savings Restoration Plan, noting they are cash-settled and payable after separation from service. The submission is signed via attorney-in-fact (Stephanie R. Breitenbach) and dated 08/12/2025. This is a routine compliance disclosure updating beneficial ownership records rather than a substantive corporate action.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,038 | $730.66 | $758K |
| Sale | Common Stock | 1,219 | $730.66 | $891K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The balance has been updated to no longer include 169.28 shares of phantom stock in the Savings Restoration Plan that have historically been reported in Table I but instead were reportable in Table II. Each share of phantom stock that was acquired under the Savings Restoration Plan is the economic equivalent of one common share and is settled in cash. The shares of phantom stock generally become payable following the reporting person's separation from service.
Key Figures
Key Terms
phantom stock financial
Savings Restoration Plan financial
Parker Retirement Savings Plan financial
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