Gentile Thomas C 4
Research Summary
AI-generated summary
Parker‑Hannifin (PH) VP Thomas Gentile Exercises Options and Sells Shares
What Happened
Thomas C. Gentile, Vice President — Global Supply Chain at Parker‑Hannifin, exercised 5,110 stock options on January 30, 2026 at an exercise price of $209.56 (acquisition cost $1,070,852). All 5,110 resulting shares were disposed the same day: 2,734 shares were surrendered/withheld to cover taxes or exercise obligations (code F) and 2,376 shares were sold in multiple open‑market transactions (code S). The sales generated roughly $4.83 million in gross proceeds.
Key Details
- Transaction date: January 30, 2026; Form filed Feb 3, 2026 (filed within the usual two business‑day window).
- Exercise: 5,110 shares acquired at $209.56 for $1,070,852 (code M).
- Tax/exercise withholding: 2,734 shares disposed (code F) for about $2,594,566 (weighted average).
- Open‑market sales: 2,376 shares disposed in multiple trades at prices roughly $936–$947 per share, totaling ≈ $2,236,545.
- Total disposal of shares that day = 5,110 (all shares acquired from the exercise were sold or surrendered).
- Post‑transaction holdings: not provided in the excerpt.
- Footnotes: several weighted‑average sale prices are reported with price ranges for the multiple transactions; the filer offers to disclose exact per‑trade breakdowns on request.
Context
- This was an option exercise followed by immediate disposition (a cashless or net exercise pattern): options were exercised and the resulting shares were largely sold the same day to cover the exercise cost and tax withholding.
- Transaction codes: M = exercised/options conversion, F = payment of exercise price or tax liability, S = open market sale.
- These routine, same‑day sell‑to‑cover transactions are common for insiders realizing option gains and do not by themselves indicate a change in company outlook.