Form 4: Parker Hannifin Executive Malone Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Robert W. Malone, VP & President of Filtration Group at Parker Hannifin, reports acquisition and disposal of company stock on April 24, 2024.

Summary

  • Robert W. Malone, a VP & President at Parker Hannifin Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On April 24, 2024, Malone acquired 3,732 shares of Parker Hannifin common stock at $0 per share.
  • On the same day, Malone disposed of 1,674 shares at a price of $546.35 per share.
  • Following these transactions, Malone directly owns 7,924 shares of common stock.
  • Malone also indirectly owns 896.33 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.

Key Dates

DateDescription
04/24/2024Date of stock acquisition and disposal transactions.
04/26/2024Date of signature on the report.

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