Form 4: Parker Hannifin Executive Berend Bracht Sells Shares
SEC Form 4 Filing
Berend Bracht, a VP at Parker Hannifin, sold 1,551 shares of common stock at an average price of $699.29 on November 6, 2024.
Summary
- On November 6, 2024, Berend Bracht, a VP at Parker Hannifin Corp, sold 1,551 shares of common stock.
- The sale was executed at a weighted average price of $699.29 per share.
- The prices for individual transactions ranged from $698.93 to $699.64.
- Following the transaction, Bracht directly owns 1,799 shares and indirectly owns 84.89 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by an executive, and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. It's important to consider the size of the sale relative to the executive's total holdings.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of stock sale transaction |
| 11/08/2024 | Date of Form 4 filing |
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