PH Form 4: Director Verrier James Disposes of 1,500 Shares; Holdings Now 4,510
Rhea-AI Filing Summary
Verrier James, a director of Parker-Hannifin Corporation (PH), reported a sale of common stock on 09/02/2025. The Form 4 shows 1,500 shares disposed (transaction code S) at a reported price of $750 per share and indicates 4,510 shares remain beneficially owned after the transaction. The filing includes an explanatory note that 2 of the shares in the total reflect acquisition under the company’s dividend reinvestment feature of the 2023 Omnibus Stock Incentive Plan. The Form 4 was signed by an attorney-in-fact, Joseph R. Leonti, on 09/04/2025.
Positive
- Disclosure of transaction details including shares sold, price, and post-transaction holdings
- Explanation provided that 2 shares were acquired via the dividend reinvestment feature of the 2023 Omnibus Stock Incentive Plan
- Form signed by an authorized attorney-in-fact, indicating an executed filing
Negative
- Insider disposition of 1,500 shares by a company director, reducing direct ownership
- Price per share reported at $750 for the sale is a single data point without accompanying context in the filing
Insights
TL;DR Director Verrier James sold 1,500 PH shares, leaving 4,510 shares beneficially owned; transaction disclosed via Form 4.
The report documents a non-derivative sale (code S) of 1,500 common shares at a stated price of $750 per share, reducing the director’s direct ownership to 4,510 shares. The filing also notes 2 shares were acquired through a dividend reinvestment feature of the 2023 Omnibus Stock Incentive Plan. For investors, this is a straightforward insider disposition disclosure; the Form 4 records the ownership change without additional context about intent or broader holdings.
TL;DR A board director executed a disclosed sale; the Form 4 provides required transparency on insider holdings.
The document correctly identifies the reporting person as a director and shows the post-transaction beneficial ownership level. The filing is signed by an attorney-in-fact, indicating an authorized filing process. The form also clarifies that a small portion of shares reflected arose from dividend reinvestment under the company’s incentive plan. No other governance actions or amendments are disclosed in this submission.