Form 4: Parker-Hannifin VP Berend Bracht Reports Stock Award and Tax Withholding

Berend Bracht, VP & President of Motion Systems Group at Parker-Hannifin Corp, reports acquisition of shares through an award and disposition of shares for tax withholding.

Summary

• On April 23, 2025, Berend Bracht, VP & President of Motion Systems Group at Parker-Hannifin Corp, acquired 4,094 shares of common stock through an award.
• On the same day, 1,816 shares were disposed of at a price of $580.81 for tax withholding purposes.
• Following these transactions, Bracht directly owns 5,136 shares of common stock and indirectly owns 85.3 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.
• The report also includes an amendment to a previous filing to correct an omission of 1,059 shares.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing primarily reports routine stock transactions (award and tax withholding) by a company executive. The amendment to correct a previous omission is a minor negative, but overall the filing doesn't indicate significant positive or negative developments.

Positives

• The acquisition of 4,094 shares indicates confidence in the company's future.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding insider activity.

Key Dates

Keywords

Form 4, Parker-Hannifin, Stock Transaction, Beneficial Ownership, Berend Bracht, Motion Systems Group, Tax Withholding, Amendment