PH Form 4: 4,444 Stock Appreciation Rights awarded to officer
Rhea-AI Filing Summary
Parker-Hannifin officer Berend Bracht received a grant of Stock Appreciation Rights (SARs) on 08/20/2025 covering 4,444 underlying shares of common stock, reported on Form 4. The SARs have an exercise/conversion price of $742.97 and were reported as acquired (code A). The filing states the award vests in three equal annual installments beginning 08/20/2026, with a first vesting date of 08/20/2026 and an expiration date of 08/19/2035. Following the reported transaction, the reporting person beneficially owns 4,444 SARs, held directly.
The Form 4 was signed by an attorney-in-fact on 08/22/2025 and discloses the reporting person’s title as Vice President & President, Motion Systems Group, and relationship as an officer and director. No other cash transactions, dispositions, or additional holdings are disclosed in this filing.
Positive
- Officer granted Stock Appreciation Rights for 4,444 shares, aligning management compensation with shareholder value
- Vesting schedule spreads vesting over three equal annual installments starting 08/20/2026, supporting retention
Negative
- None.
Insights
TL;DR: Officer received a mid-size SAR grant of 4,444 units with a $742.97 strike, vesting over three years—routine executive equity compensation.
The award is structured as Stock Appreciation Rights that convert into 4,444 shares upon exercise, with a conversion price of $742.97 and a long expiration to 08/19/2035. Vesting begins 08/20/2026 in three equal annual installments, indicating retention-focused incentives. This disclosure shows no immediate sale or purchase of underlying shares and is a standard insider compensation event rather than an indicator of material change to capital structure.
TL;DR: The grant aligns executive pay with long-term equity performance via SARs; vesting schedule emphasizes retention.
From a governance perspective, the grant vests over three years starting one year after grant, which is a common retention mechanism. The filing clearly identifies the reporting person as an officer and director and provides requisite timing and terms. No related-party transactions beyond standard compensation are disclosed. The disclosure appears complete for a Form 4 reporting an equity award.
FAQ
What did Parker-Hannifin insider Berend Bracht acquire on 08/20/2025 (PH)?
When do the SARs granted to Berend Bracht begin vesting?
What is the expiration date for the SARs reported in the Form 4?
How many SARs does Berend Bracht beneficially own after the transaction?
Who signed the Form 4 for this transaction and when?