Form 4: Parker-Hannifin VP gifts 10 shares; updates holdings

Parker-Hannifin VP & Controller Angela R. Ives reported a gift of 10 shares to her daughter and updated her direct and indirect holdings.

Summary

• Angela R. Ives (VP & Controller) reported a Form 4 transaction for Parker-Hannifin Corp (PH) dated 11/14/2025.
• Transaction code G (gift): 10 shares of common stock disposed of from direct ownership at $0 consideration.
• Resulting holdings: 2,788 shares direct; 30 shares indirect held by children; 514.68 shares indirect via the Parker Retirement Savings Plan.
• A corresponding indirect acquisition entry reflects beneficial ownership via a child in the same household.
• No 10b5-1 plan was indicated; this was a personal gift transaction.
• Filed by attorney-in-fact on 11/18/2025.

Sentiment

Score: 5

Explanation: Neutral impact; a minor personal gift with minimal effect on insider ownership and no implications for operations or financial performance.

Positives

• No sale for value—transaction was a gift at $0, indicating no liquidity-driven divestment.
• Officer retains meaningful direct and indirect ownership (2,788 direct; 30 indirect by children; 514.68 in retirement plan).
• Timely transparency of insider ownership changes.

Negatives

• Slight reduction in direct ownership by 10 shares due to the gift.
• Insider’s direct stake decreased, which can be perceived negatively despite being a non-cash gift.

Future Outlook

No forward-looking statements or guidance provided; the filing solely reports an insider gift and updated beneficial ownership.

Management Comments

• This transaction involved a gift of securities by the Reporting Person to her daughter, who shares the Reporting Person's household.

Industry Context

Insider gifts and routine updates to beneficial ownership are common across industrial peers and generally do not signal operational or financial changes.

Comparison to Industry Standards

• Similar to peer companies (e.g., Honeywell, Eaton, 3M), small insider gifts are customary and typically immaterial to valuation.
• No deviation from standard Form 4 reporting practices; the transaction is non-cash and aligns with typical governance norms.

Related Party Transactions

• Gift of 10 common shares to the reporting person’s daughter (member of the same household), coded as G (gift) at $0.

Stakeholder Impact

• Negligible impact on shareholders and float due to the small share count.
• Confirms ongoing insider ownership alignment without selling pressure.
• No operational or customer/supplier implications.

Key Dates

Keywords

Parker-Hannifin, PH, Form 4, insider transaction, beneficial ownership, gift, Angela R. Ives, VP & Controller, Parker Retirement Savings Plan, Section 16