PH insider transaction: Bracht Berend reduces holding to 4,858 shares
Rhea-AI Filing Summary
Bracht Berend, identified as VP & Pres. - Motion Sys. Grp. at Parker‑Hannifin (PH), reported a sale of company stock. The filing shows a sale of 278 shares of common stock at $728.44 per share on 08/08/2025, leaving 4,858 shares held directly by the reporting person.
The filing also corrects prior reporting treatment by removing 85.53 shares of phantom stock from Table I and noting they are reportable in Table II. Those phantom shares are the economic equivalent of common shares but are cash-settled and generally payable following separation from service. The report shows no indirect beneficial ownership through the Parker Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insights
Insider sale recorded; transaction size and reporting correction appear routine and not materially transformative.
The Form 4 discloses a sale of 278 shares at $728.44, leaving the insider with 4,858 directly held shares. For investors, the sale size is modest relative to typical institutional holdings and company market caps, and no additional transactions or option activity are reported. The adjustment moving 85.53 phantom shares from Table I to Table II clarifies prior reporting but does not change economic exposure because those phantom shares are cash-settled and payable after separation. Overall, this filing reflects routine insider liquidity and an administrative reporting correction.
Filing shows compliance action: a routine insider sale plus a corrective disclosure about phantom stock reporting.
The report documents a discrete sale and an explanatory note that 85.53 phantom shares were reclassified to Table II because they are cash-settled. That clarification improves the accuracy of beneficial ownership disclosures. There is no indication of other governance issues, unusual derivative activity, or material changes in control. The filing appears to be a standard disclosure and corrective adjustment consistent with Section 16 reporting requirements.