Form 4: Parker-Hannifin VP Granted Stock Appreciation Rights

Matthew A. Jacobson, VP & President of Filtration Group at Parker-Hannifin Corp, was granted 4,444 Stock Appreciation Rights.

Summary

• Matthew A. Jacobson, the Vice President and President of the Filtration Group at Parker-Hannifin Corp (PH), was granted 4,444 Stock Appreciation Rights (SARs).
• The transaction date for this grant was August 20, 2025.
• Each Stock Appreciation Right has an exercise price of $742.97.
• The SARs will vest in three equal annual installments, with the first installment beginning on August 20, 2026.
• The expiration date for these Stock Appreciation Rights is August 19, 2035.
• Following this transaction, Mr. Jacobson beneficially owns 4,444 derivative securities directly.

Sentiment

Score: 7

Explanation: The grant of Stock Appreciation Rights to a key executive is generally a positive event, as it aligns management's long-term interests with those of shareholders and serves as a retention mechanism. It reflects ongoing executive compensation practices.

Positives

• The grant of Stock Appreciation Rights aligns the executive's interests with those of shareholders, incentivizing long-term performance and value creation.
• This form of compensation is a standard practice for retaining key management personnel and rewarding future performance.

Future Outlook

The Stock Appreciation Rights are designed to vest over three years, beginning in August 2026, indicating a long-term incentive structure for the executive.

Industry Context

Executive compensation, particularly through equity-based awards like Stock Appreciation Rights, is a common practice across various industries to attract, retain, and motivate senior leadership. This grant is consistent with typical corporate governance and compensation strategies for publicly traded companies.

Stakeholder Impact

• Shareholders: The grant of SARs aims to align the executive's performance incentives with shareholder value creation over the long term.
• Employees: This compensation structure can signal stability in executive leadership and a commitment to long-term company performance.

Next Steps

• The Stock Appreciation Rights will vest in three equal annual installments, with the first vesting on August 20, 2026.

Key Dates

Keywords

Parker-Hannifin, PH, Stock Appreciation Rights, SARs, Executive Compensation, Insider Transaction, Matthew Jacobson, Filtration Group