PH VP & Controller reports SARs, acquisition and sales on Form 4

Rhea-AI Filing Summary

Angela R. Ives, VP & Controller of Parker-Hannifin (PH), reported plan-related equity transactions on 08/08/2025 and filed Form 4 on 08/12/2025. The filing shows an acquisition of 910 common shares at $209.56 and dispositions of 550, 360 and 450 common shares sold at $727.22, $727.26 and $727.44 respectively. After these transactions the reporting person’s direct beneficial ownership is shown as 2,798 shares, down from 4,158 prior to the sales. Table II discloses 910 stock appreciation rights with an exercise/conversion price of $209.56 exercisable 08/12/2021 through 08/11/2030. The filer explains that 19.60 phantom shares in the Savings Restoration Plan were reclassified to Table II because they are cash-settled.

Positive

• Acquisition of 910 common shares at $209.56 reported on 08/08/2025
• 910 stock appreciation rights disclosed with conversion/exercise price $209.56 exercisable 08/12/2021–08/11/2030
• Disclosure clarifies that 19.60 phantom shares in the Savings Restoration Plan are cash-settled and reclassified to Table II

Negative

• Dispositions totaling 1,360 common shares (550, 360, 450) sold on 08/08/2025 at $727.22, $727.26 and $727.44 respectively
• Direct beneficial ownership declined from 4,158 shares to 2,798 shares after the reported transactions

Insights

Financial Analyst

TL;DR: Insider activity combines a 910-share acquisition and 1,360-share disposals, plus long-dated SARs; overall filing appears neutral.

The Form 4 shows mixed activity on 08/08/2025: an acquisition of 910 common shares at $209.56 and three dispositions totaling 1,360 shares at prices near $727 each, with direct ownership declining to 2,798 shares. Table II reports 910 stock appreciation rights with a $209.56 conversion/exercise price exercisable through 08/11/2030. Without further context on intent or proportionality to total holdings, this combination of purchases, sales and long-term awards is informational rather than clearly material to valuation. Rating: 0

Corporate Governance Expert

TL;DR: Filing documents plan-driven transactions and a procedural reclassification of phantom shares; no governance red flags apparent.

The Form is signed by an attorney-in-fact on 08/12/2025 and includes an explicit explanation that 19.60 phantom shares in the Savings Restoration Plan were moved from Table I to Table II because they are cash-settled. Reported transaction codes include M, F and S, consistent with plan mechanics documented on the face of the form. The disclosure of 910 SARs exercisable 08/12/2021–08/11/2030 and the mix of acquisition and sales suggest compensation and tax/withholding activity rather than a governance dispute or regulatory issue. Rating: 0

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
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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^*

Ives Angela R

(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)
	VP & Controller

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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
Common Stock	08/08/2025		M		910	A	$209.56	4,158	D
Common Stock	08/08/2025		F		550	D	$727.22	3,608	D
Common Stock	08/08/2025		S		360	D	$727.26	3,248	D
Common Stock	08/08/2025		S		450	D	$727.44	2,798	D
Common Stock								20	I	By Children
Common Stock								513.5(1)	I	Parker Retirement Savings Plan

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	$209.56	08/08/2025		M			910	08/12/2021	08/11/2030	Common Stock	910	$0	0	D

Explanation of Responses:

1. The balance has been updated to no longer include 19.60 shares of phantom stock in the Savings Restoration Plan that have historically been reported in Table I but instead were reportable in Table II. Each share of phantom stock that was acquired under the Savings Restoration Plan is the economic equivalent of one common share and is settled in cash. The shares of phantom stock generally become payable following the reporting person's separation from service.

	/s/ Stephanie R. Breitenbach, Attorney-In-Fact	08/12/2025
	** 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).
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FAQ

Who filed the Form 4 for Parker-Hannifin (PH)?

The reporting person is Angela R. Ives, listed as VP & Controller; the form was signed by attorney-in-fact Stephanie R. Breitenbach on 08/12/2025.

What transactions are reported on the PH Form 4 dated 08/08/2025?

The filing reports an acquisition of 910 common shares at $209.56 and dispositions of 550, 360 and 450 shares sold at $727.22, $727.26 and $727.44 respectively.

How did the insider's ownership change after the reported trades?

Direct beneficial ownership is shown as 2,798 shares following the transactions, down from 4,158 prior to the reported sales.

Does the PH filing disclose any derivative awards?

Yes. Table II discloses 910 stock appreciation rights with a conversion/exercise price of $209.56, exercisable from 08/12/2021 through 08/11/2030.

What does the filing say about phantom shares?

The filer explains that 19.60 phantom shares in the Savings Restoration Plan were reclassified to Table II because they are settled in cash and were previously reported in Table I.