Form 4: Parker Hannifin Executive Reports Stock Transactions
SEC Form 4 Filing
Joseph R. Leonti, VP, Gen Counsel & Secretary of Parker Hannifin Corp, reports acquisition and disposal of company stock on April 24, 2024.
Summary
- On April 24, 2024, Joseph R. Leonti, VP, Gen Counsel & Secretary of Parker Hannifin Corp, reported transactions involving the company's common stock.
- Leonti acquired 3,732 shares of common stock at $0.
- Leonti disposed of 1,395 shares of common stock at $546.35.
- Following these transactions, Leonti directly owns 19,350 shares and indirectly owns 724.18 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider stock transactions, which are common among publicly traded companies. These transactions are regulated to prevent insider trading and ensure transparency.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider transactions are often scrutinized for insights into company performance and management's confidence.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of stock transactions (acquisition and disposal). |
| 04/26/2024 | Date of signature by Attorney-In-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.