PH insider: 4,444 Stock Appreciation Rights granted to VP & Chief Digital Officer

Rhea-AI Filing Summary

Parker-Hannifin insider grant: The Form 4 shows that Dinu J. Parel, VP & Chief Digital & Info Officer and a company officer, was allocated 4,444 Stock Appreciation Rights (SARs) on 08/20/2025. The SARs have a grant reference price of $742.97, vest in three equal annual installments beginning 08/20/2026, and expire on 08/19/2035. Each SAR is tied to one share of Parker-Hannifin common stock, representing 4,444 underlying shares reported as directly beneficially owned following the transaction. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person.

Positive

• 4,444 Stock Appreciation Rights granted to an executive officer, clearly disclosed
• Vesting schedule provided: vests in three equal annual installments beginning 08/20/2026
• Long-term horizon: expiration date 08/19/2035 gives extended performance alignment

Negative

• None.

Insights

Securities Compensation Analyst

TL;DR: Officer received SAR award of 4,444 units vesting annually from 08/20/2026, aligning long-term compensation with share performance.

The filing documents a standard equity-based compensation grant: 4,444 stock appreciation rights with a reference price of $742.97, exercisable in part beginning 08/20/2026 and expiring 08/19/2035. The award vests in three equal annual installments, per the explanatory note. For investors and governance reviewers, this is a routine disclosure of insider compensation rather than a market-moving transaction; it increases potential future dilution if exercised but provides no immediate cash proceeds or share issuance as of the reporting date.

Corporate Governance Expert

TL;DR: The grant is a typical long-term incentive that creates future alignment between executive and shareholder interests.

The Form 4 shows direct beneficial ownership of 4,444 SARs by an executive officer. Vesting over three years and a long expiration horizon (10 years) are common governance features designed to retain executives and tie pay to performance. The disclosure is complete regarding grant size, price, vesting commencement, and expiration date, enabling assessment of potential dilution and pay structure without further inference.

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^*

Parel Dinu 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)
	VP & Chief Digital & Info Off.

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 Parker-Hannifin insider Dinu J. Parel receive on 08/20/2025?

Dinu J. Parel was granted 4,444 Stock Appreciation Rights (SARs) on 08/20/2025 with a reference price of $742.97.

When do the granted SARs vest for Dinu J. Parel (PH)?

The SAR award vests in three equal annual installments beginning 08/20/2026, per the explanatory note.

What is the expiration date of the SARs reported on the Form 4?

The SARs expire on 08/19/2035.

How many underlying shares are associated with the reported derivative award?

The filing reports 4,444 underlying shares tied to the Stock Appreciation Rights.

Who signed the Form 4 for the reporting person?

The Form 4 is signed by Stephanie R. Breitenbach, Attorney-in-Fact on 08/22/2025.