PH Form 4 — Thomas Gentile Reports Sale; 168.35 Phantom Shares Reclassified
Rhea-AI Filing Summary
Thomas C. Gentile, identified as an officer (VP-Global Supply Chain), filed a Form 4 reporting insider activity for Parker-Hannifin Corporation (PH). The filing shows a transaction dated 08/08/2025 with transaction code S (sale) involving common stock. The document also records holdings reported indirectly through the Parker Retirement Savings Plan.
The filer explains the reported balance was adjusted to exclude 168.35 shares of phantom stock from the Savings Restoration Plan because those units are settled in cash and are properly reportable as derivative/phantom holdings. The form is signed by an attorney-in-fact on 08/12/2025. Some numeric fields in Table I (share counts and price) appear in the text but are formatted ambiguously in this copy of the filing.
Positive
- Reclassification of 168.35 phantom shares clarifies reporting and aligns disclosure with the cash-settled nature of those units
- Form is filed and signed (attorney-in-fact signature dated 08/12/2025), completing the Section 16 disclosure
Negative
- Insider sale reported (transaction code S) on 08/08/2025 for common stock, which may be of investor interest
- Table I numeric fields are ambiguously formatted in this copy, making quantities and price difficult to verify
Insights
TL;DR Insider sale reported on 08/08/2025; phantom stock reclassification improves reporting accuracy.
The filing shows a sale (transaction code S) of Parker-Hannifin common stock by Thomas C. Gentile, an officer. It also discloses an administrative reclassification of 168.35 phantom shares from the Savings Restoration Plan to derivative reporting, clarifying that those units are cash-settled and payable upon separation. The form is executed by an attorney-in-fact on 08/12/2025. Due to ambiguous formatting in the provided Table I, precise share quantities and price-per-share from the sale are unclear in this copy, limiting assessment of materiality.
TL;DR Officer-level insider transaction disclosed; correction to prior reporting of phantom units noted.
The filing identifies the reporting person as an officer (VP-Global Supply Chain) and documents a reported sale of common stock on 08/08/2025. The explanatory note clarifies that 168.35 phantom shares in the Savings Restoration Plan were previously shown in Table I but should be reported as derivative/phantom holdings, which aligns disclosure with the plan's cash-settled nature. The signature by an attorney-in-fact is dated 08/12/2025. The form's numeric cells in Table I are not clearly formatted here, which constrains definitive governance conclusions about the sale size.