Form 4: Parker Hannifin EVP Mark Hart Reports Stock Transactions

Mark J. Hart, EVP-HR & External Affairs at Parker Hannifin Corp, reports the exercise of stock appreciation rights and subsequent sale of common stock.

Summary

• On November 6, 2024, Mark J. Hart, EVP-HR & External Affairs at Parker Hannifin Corp, exercised stock appreciation rights and sold shares of common stock.
• Hart acquired 10,220 shares of common stock upon exercising stock appreciation rights at a price of $209.56.
• He then disposed of 1,655 shares at a weighted average price of $704.58, with prices ranging from $704.52 to $705.45.
• Additionally, he disposed of 2,302 shares at a weighted average price of $705.99, with prices ranging from $705.55 to $706.22.
• Hart also disposed of 6,263 shares to cover tax obligations at $703.76.
• Following these transactions, Hart directly owns 9,365 shares of common stock and indirectly owns 1,033.7 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. No indication of positive or negative outlook.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.

Key Dates