4/A: Parker-Hannifin Director Kevin Lobo Reports Amended Changes in Beneficial Ownership

Sentiment:

SEC Filing


Kevin Lobo, a director at Parker-Hannifin Corp, filed an amendment to a previous Form 4 to include an updated Power of Attorney, with no changes to the previously reported transaction.

Summary

  • Kevin Lobo, a director at Parker-Hannifin Corp, filed an amended Form 4 with the SEC.
  • The amendment was filed on April 25, 2025, to include an updated Power of Attorney.
  • The original Form 4, filed on October 25, 2024, inadvertently omitted the updated Power of Attorney.
  • The transaction reported involves the acquisition of 299 Restricted Stock Units on October 23, 2024, at a price of $0, and the director beneficially owns 11,077 securities following the transaction.
  • The Restricted Stock Units will vest on the later of one year from the grant date or the date of the next Annual Shareholders Meeting.
  • The reported transaction was previously included on the Form 4 filed on October 25, 2024, and has not been revised.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction and corrects an omission.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
10/23/2024Date of earliest transaction: Award of 299 Restricted Stock Units
10/25/2024Date of original Form 4 filing which inadvertently failed to include an updated Power of Attorney
04/25/2025Date of amended Form 4/A filing to include updated Power of Attorney

Keywords

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

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