Form 4: Parker-Hannifin CFO Boosts Phantom Stock Holdings
Insider Transaction Report
Parker-Hannifin's EVP & CFO, Todd M. Leombruno, reported multiple acquisitions of phantom stock through deferred compensation and savings plans.
Summary
- Todd M. Leombruno, Executive Vice President and Chief Financial Officer of Parker-Hannifin Corp (PH), reported multiple acquisitions of phantom stock.
- The phantom stock was acquired under the Parker Deferred Compensation Plan or the Savings Restoration Plan.
- Each share of phantom stock is the economic equivalent of one share of common stock and is settled in cash upon the reporting person's separation from service.
- The reported transactions occurred between August 15, 2024, and July 15, 2025.
- Total phantom stock holdings increased from 265.19 shares on August 15, 2024, to 347.82 shares on July 15, 2025.
- The acquisitions included 2.48 shares on 08/15/2024 at $590.91, 59.37 shares on 08/19/2024 at $586.50, 2.60 shares on 09/13/2024 at $591.31, 2.41 shares on 10/15/2024 at $637.98, 2.20 shares on 11/15/2024 at $698.96, 2.28 shares on 12/16/2024 at $673.52, 1.51 shares on 01/15/2025 at $656.25, 1.42 shares on 02/14/2025 at $700.25, 1.63 shares on 03/14/2025 at $607.62, 1.75 shares on 04/15/2025 at $568.30, 1.61 shares on 05/15/2025 at $672.53, 2.35 shares on 06/13/2025 at $654.01, and 2.17 shares on 07/15/2025 at $708.64.
- Holdings as of each reportable transaction date include additional acquisitions through dividend reinvestment.
Sentiment
Score: 6
Explanation: The filing reports routine acquisitions of phantom stock by a key executive through compensation plans, which is a neutral to slightly positive indicator of continued executive alignment with the company's long-term performance.
Positives
- Continued participation of a key executive (EVP & CFO) in the company's long-term incentive and compensation plans, indicating alignment with shareholder interests.
- The increase in phantom stock holdings reflects ongoing executive commitment and participation in the company's performance.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Indicates continued executive participation in long-term incentive plans, aligning executive interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Acquisition of 2.48 phantom stock shares by Todd M. Leombruno. |
| 08/19/2024 | Acquisition of 59.37 phantom stock shares by Todd M. Leombruno. |
| 09/13/2024 | Acquisition of 2.60 phantom stock shares by Todd M. Leombruno. |
| 10/15/2024 | Acquisition of 2.41 phantom stock shares by Todd M. Leombruno. |
| 11/15/2024 | Acquisition of 2.20 phantom stock shares by Todd M. Leombruno. |
| 12/16/2024 | Acquisition of 2.28 phantom stock shares by Todd M. Leombruno. |
| 01/15/2025 | Acquisition of 1.51 phantom stock shares by Todd M. Leombruno. |
| 02/14/2025 | Acquisition of 1.42 phantom stock shares by Todd M. Leombruno. |
| 03/14/2025 | Acquisition of 1.63 phantom stock shares by Todd M. Leombruno. |
| 04/15/2025 | Acquisition of 1.75 phantom stock shares by Todd M. Leombruno. |
| 05/15/2025 | Acquisition of 1.61 phantom stock shares by Todd M. Leombruno. |
| 06/13/2025 | Acquisition of 2.35 phantom stock shares by Todd M. Leombruno. |
| 07/15/2025 | Acquisition of 2.17 phantom stock shares by Todd M. Leombruno. |
| 08/07/2025 | Date of filing and signature by Attorney-In-Fact. |
Recommendation
holdThis Form 4 details routine phantom stock acquisitions by a key executive as part of compensation plans. While it indicates continued executive alignment with the company's performance, it does not provide new financial or strategic information to warrant a change in investment stance based solely on this filing.
Keywords
Parker-Hannifin, PH, SEC Form 4, Insider Trading, Phantom Stock, Executive Compensation, Deferred Compensation, Savings Restoration Plan, Todd M. Leombruno
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