PH Form 4: Officer sales and 169.28 phantom-share reclassification
Rhea-AI Filing Summary
Robert W. Malone, identified as a Vice President and reporting person, disclosed transactions on Form 4 for Parker-Hannifin Corporation (PH) dated 08/08/2025. The filing lists two sale transactions of common stock: 1,038 shares and 1,219 shares, each shown at a price of $730.66, with reported beneficial ownership levels after the transactions of 7,085 and 5,866 shares respectively.
The filing includes an explanatory note that 169.28 shares of phantom stock previously reported in Table I were reclassified as reportable in Table II; those phantom shares are the economic equivalent of common shares, are settled in cash under the Savings Restoration Plan, and generally become payable following the reporting person's 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.