[Form 4] Parker-Hannifin Corporation Insider Trading Activity

Rhea-AI Filing Summary

Mark J. Hart, EVP-HR & External Affairs of Parker-Hannifin Corporation (PH), reported a grant of Stock Appreciation Rights (SARs). The SAR award was granted on 08/20/2025 for 4,444 SARs with a grant price of $742.97. The SARs become exercisable beginning 08/20/2026 and expire on 08/19/2035. Following the transaction the filing shows 4,444 shares beneficially owned directly. The award vests in three equal annual installments beginning 08/20/2026, indicating multi-year retention and pay-for-performance alignment for this executive.

Positive

• Long-term alignment: SARs tie executive compensation to future stock performance, aligning interests with shareholders
• Staggered vesting: Vesting in three equal annual installments beginning 08/20/2026 supports retention over multiple years

Negative

• Unclear materiality: The filing does not disclose relative award size versus outstanding shares, so potential dilution impact is unknown
• No cash consideration: Exercise mechanics and potential tax implications are not detailed in this filing

Insights

Compensation Analyst

TL;DR: A routine executive SAR grant that ties pay to long-term stock performance and staggers vesting for retention.

The 4,444 SARs granted to the EVP of HR and External Affairs is a standard long-term incentive vehicle. The $742.97 grant price creates upside only if PH's stock appreciates above that level. Three-year cliff/scheduled vesting beginning 08/20/2026 supports retention through future performance periods. The award size, relative to outstanding shares, is not disclosed here, so absolute materiality cannot be assessed from this filing alone.

Securities Analyst

TL;DR: Filing reports a non-cash derivative award to an officer; impact on capitalization appears routine and likely immaterial.

This Form 4 documents issuance of SARs exercisable for common stock with a 2035 expiration. The filing shows direct beneficial ownership of 4,444 shares post-transaction. As a single officer grant, it is a typical disclosure under Section 16 and does not itself indicate a material corporate event or change in control. No cash proceeds were reported in this filing.

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^*

Hart Mark J

(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-HR & External Affairs

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		4,444		08/20/2026(1)	08/19/2035	Common Stock	4,444	$0	4,444	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 Mark J. Hart report on Form 4 for Parker-Hannifin (PH)?

He reported a grant of 4,444 Stock Appreciation Rights (SARs) on 08/20/2025 with a grant price of $742.97.

When do the SARs granted to the PH officer become exercisable and when do they expire?

The SARs are exercisable beginning 08/20/2026 and expire on 08/19/2035.

How do the SARs vest for the reporting person in the PH Form 4?

The award vests in three equal annual installments beginning 08/20/2026.

How many shares does the Form 4 show as beneficially owned after the transaction?

The filing shows 4,444 shares beneficially owned directly following the reported transaction.

Does the Form 4 show any cash proceeds from the reported transaction?

No cash proceeds are reported; the document indicates the SARs have a $0 cash price in the summary of securities beneficially owned.