Form 4: Parker-Hannifin Corp VP Jay Reidy Reports Stock Sale

Jay Reidy, VP & President of Aerospace Group at Parker-Hannifin Corp, reports selling 150 shares of common stock on May 2, 2025.

Summary

• Jay Reidy, a VP & President of Aerospace Group at Parker-Hannifin Corp, filed a Form 4 on May 6, 2025.
• The form reports a transaction that occurred on May 2, 2025, where Reidy sold 150 shares of Parker-Hannifin Corp common stock at a price of $620.37 per share.
• Following the transaction, Reidy directly owns 2,083 shares of common stock.
• Reidy also indirectly owns 186.92 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock sale by an officer. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Jay Reidy, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock sale by a company insider may be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.

Key Dates

Keywords

Form 4, Parker-Hannifin Corp, Stock Sale, Insider Trading, Jay Reidy, PH