Form 4: Parker-Hannifin CFO Executes Stock Transaction
Statement of Changes in Beneficial Ownership
EVP & CFO Todd M. Leombruno acquired 8,343 shares of Parker-Hannifin common stock and disposed of 3,638 shares to cover tax obligations.
Summary
- Todd M. Leombruno, EVP & CFO of Parker-Hannifin Corp, reported a change in beneficial ownership on April 22, 2026.
- The transaction involved the acquisition of 8,343 shares of common stock at a price of $0, likely representing the vesting of equity awards.
- A total of 3,638 shares were withheld by the company at a price of $954.43 per share to satisfy tax withholding obligations.
- Following these transactions, the reporting person holds 25,315 shares directly and 3,632.43 shares indirectly through the Parker Retirement Savings Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative transaction related to executive compensation rather than a discretionary trade.
Positives
- The CFO maintains a significant direct ownership stake of 25,315 shares in the company.
- The transaction reflects the standard vesting of equity-based compensation, aligning management interests with shareholders.
Negatives
- The disposal of 3,638 shares, while primarily for tax purposes, reduces the total direct share count from the post-acquisition peak.
Risks
- No specific operational or financial risks were disclosed in this ownership filing.
Future Outlook
The filing does not contain forward-looking statements or financial guidance.
Industry Context
StockSavvy.ai notes that routine equity vesting and tax-related share withholding by C-suite executives are standard corporate governance practices and generally do not signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction follows standard executive compensation practices observed in large-cap industrial companies.
- The use of net-settlement (withholding shares for taxes) is a common industry practice to manage executive tax obligations without requiring open-market sales.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine equity compensation event.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the reported stock acquisition and tax withholding transaction. |
| 04/24/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Parker-Hannifin, PH, Insider Trading, Form 4, CFO, Equity Vesting
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