Form 4: Parker-Hannifin Corp: CEO Jennifer Parmentier Reports Stock Transactions
SEC Form 4 Filing
Jennifer Parmentier, CEO of Parker-Hannifin Corp, reports acquisition and disposal of company stock, including shares held directly and indirectly through retirement and savings plans.
Summary
- Jennifer Parmentier, the Chief Executive Officer of Parker-Hannifin Corp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On April 23, 2025, she acquired 24,747 shares of common stock.
- On the same day, she disposed of 10,976 shares at a price of $580.81 per share.
- Following these transactions, Parmentier directly owns 47,378 shares of common stock.
- She also indirectly owns 404 shares held by children and 1,249.02 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their confidence in the company.
Stakeholder Impact
- Shareholders may be interested in the CEO's stock transactions as an indicator of her confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 04/23/2025 | Date of stock acquisition and disposal. |
| 04/25/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Parker-Hannifin, Parmentier, CEO, Shares
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