Form 4: Parker Hannifin VP Malone Reports Stock Sale
SEC Form 4 Filing
Robert W. Malone, VP & President of Filtration Group at Parker Hannifin Corp, reported the sale of 2,058 shares of common stock at $544.25 on May 3, 2024.
Summary
- Robert W. Malone, a VP & President at Parker Hannifin Corp, filed a Form 4 with the SEC.
- The form reports a transaction that occurred on May 3, 2024.
- Malone sold 2,058 shares of Parker Hannifin common stock at a price of $544.25 per share.
- Following the transaction, Malone directly owns 5,866 shares of common stock.
- Malone also indirectly owns 896.51 shares through the Parker Retirement Savings Plan and Savings Restoration Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The stock sale by a company insider could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock sale transaction |
| 05/07/2024 | Date of signature on the report |
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.