Form 4: Parker Hannifin VP Dinu J. Parel Reports Stock Transactions
SEC Form 4
Dinu J. Parel, VP & Chief Digital & Info Officer of Parker Hannifin Corp, reports acquisition and disposal of common stock.
Summary
- On April 24, 2024, Dinu J. Parel acquired 2,563 shares of Parker Hannifin Corp common stock.
- On the same day, Parel disposed of 1,150 shares of common stock at a price of $546.35.
- Following these transactions, Parel directly owns 7,975 shares of common stock and indirectly owns 236.1 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of stock acquisition and disposal transactions. |
| 04/26/2024 | Date of signature for the report. |
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