4/A: Parker-Hannifin Director Fritz M. Lance Reports Amended Beneficial Ownership

Sentiment:

SEC Filing


Director Fritz M. Lance files an amendment to a previous Form 4 filing to include an updated Power of Attorney, with no changes to the previously reported transaction.

Summary

  • Fritz M. Lance, a director of Parker-Hannifin Corp, filed an amendment to a Form 4 filing on April 25, 2025.
  • The amendment's sole purpose is to include an updated Power of Attorney as Exhibit 24.
  • The original Form 4, filed on October 25, 2024, inadvertently omitted the updated Power of Attorney.
  • The transaction reported involves Restricted Stock Units awarded on October 23, 2024, which will vest one year from the grant date or on the date of the next Annual Shareholders Meeting.
  • The director beneficially owns 6,451 Restricted Stock Units, including 5 shares acquired through a dividend reinvestment feature under the company's 2023 Omnibus Stock Incentive Plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The sentiment is neutral as it primarily conveys factual information.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Key Dates

DateDescription
10/23/2024Date of the transaction involving Restricted Stock Units award.
10/25/2024Date of original Form 4 filing which inadvertently failed to include an updated Power of Attorney.
04/25/2025Date of the amended Form 4/A filing.

Keywords

Form 4, Amendment, Beneficial Ownership, Restricted Stock Units, Parker-Hannifin, Director, Power of Attorney

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