Parker-Hannifin Corp (NYSE: PH) VP Ives sells 810 shares after SAR exercise

Rhea-AI Filing Summary

Parker-Hannifin Corp executive Angela R. Ives, VP & Controller, exercised 910 Stock Appreciation Rights into common stock on August 8, 2025 at a strike price of $209.56 per share. She had 550 shares delivered at $727.22 per share to satisfy exercise price or tax liability and sold 360 and 450 shares at $727.26 and $727.44 per share, respectively. After these transactions she holds 2,798 common shares directly, plus indirect positions of 20 shares held by children and 513.5 shares through the Parker Retirement Savings Plan. The reported balance no longer includes 19.60 phantom stock units in the Savings Restoration Plan, which are cash-settled and economically equivalent to common shares.

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

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 7 txns

Insider Ives Angela R

Role VP & Controller

Sold 810 shs ($589K)

Approx. gross sale proceeds $589K

Approx. exercise cost $191K

Type	Security	Shares	Price	Value
Exercise	Stock Appreciation Rights	910	$0.00	$0.00
Exercise	Common Stock	910	$209.56	$191K
Exercise Price or Tax Liability	Common Stock	550	$727.22	$400K
Sale	Common Stock	360	$727.26	$262K
Sale	Common Stock	450	$727.44	$327K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Appreciation Rights — 0 shares (Direct); Common Stock — 2,798 shares (Direct); Common Stock — 20 shares (Indirect, By Children); Common Stock — 513.5 shares (Indirect, Parker Retirement Savings Plan)

Footnotes (1)

1. F1. 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.

Key Figures

Stock Appreciation Rights exercised: 910 shares at $209.56 per share Tax-withholding shares: 550 shares at $727.22 per share Common shares sold: 360 shares at $727.26; 450 shares at $727.44 +5 more

8 metrics

Stock Appreciation Rights exercised 910 shares at $209.56 per share Exercise into common stock on August 8, 2025

Tax-withholding shares 550 shares at $727.22 per share Common stock delivered to satisfy exercise price or tax liability

Common shares sold 360 shares at $727.26; 450 shares at $727.44 Sales in open market or private transactions on August 8, 2025

Net shares sold 810 shares Combined common stock sales reported in the transaction summary

Direct common stock holding 2,798 shares Post-transaction direct ownership reported for Angela R. Ives

Indirect holdings by children 20 shares Common stock held indirectly "By Children" after transactions

Retirement Savings Plan holding 513.5 shares Common stock held indirectly in Parker Retirement Savings Plan

Phantom stock units removed 19.60 units Phantom stock in Savings Restoration Plan no longer included in Table I balance

Key Terms

Stock Appreciation Rights, phantom stock, Savings Restoration Plan, Parker Retirement Savings Plan

4 terms

Stock Appreciation Rights financial

""Stock Appreciation Rights" exercised into common stock at a fixed price"

Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.

phantom stock financial

""phantom stock" in the Savings Restoration Plan is the economic equivalent of one share"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Savings Restoration Plan financial

"Phantom stock in the "Savings Restoration Plan" is settled in cash"

Parker Retirement Savings Plan financial

"Indirect ownership includes the "Parker Retirement Savings Plan" holding"

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 08/12/2025 - 04:38 PM Learn about SEC filing dates

FAQ

What transactions did Angela R. Ives report for Parker-Hannifin (PH)?

Angela R. Ives reported exercising 910 Stock Appreciation Rights into common stock, having 550 shares withheld to satisfy exercise price or tax liability, and selling 810 shares of common stock in two market transactions at $727.26 and $727.44 per share.

How many Parker-Hannifin (PH) shares does Angela R. Ives hold after these transactions?

After the reported transactions, Angela R. Ives holds 2,798 common shares directly. She also has indirect interests in 20 shares held by children and 513.5 shares through the Parker Retirement Savings Plan for Parker-Hannifin Corp (PH).

At what prices were Parker-Hannifin (PH) shares sold or delivered in Angela Ives’s Form 4?

The exercise-related common stock transactions show 550 shares delivered at $727.22 per share to cover obligations, plus sales of 360 shares at $727.26 and 450 shares at $727.44 per share on August 8, 2025 for Parker-Hannifin Corp (PH).

What does the phantom stock footnote mean in Parker-Hannifin (PH) Form 4?

The footnote states that 19.60 phantom stock units in the Savings Restoration Plan are the economic equivalent of one common share each, settled in cash after separation from service, and are now reported separately rather than included in the common stock balance.

How are Angela Ives’s indirect Parker-Hannifin (PH) shareholdings structured?

Indirect holdings for Angela R. Ives include 20 shares of common stock held “By Children” and 513.5 shares held through the Parker Retirement Savings Plan, reflecting retirement and family-related interests rather than additional directly controlled trading positions.

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^*

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).
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.