Ross Andrew D 4
4 · Parker-Hannifin Corp · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Parker‑Hannifin (PH) President & COO Andrew D. Ross Exercises Options, Sells Shares
What Happened
Andrew D. Ross, President & COO of Parker‑Hannifin, exercised 10,220 stock options on 2026-02-11 (acquiring 10,220 shares at an exercise price of $209.56; cost = $2,141,703). All 10,220 resulting shares were disposed the same day: 5,556 shares were surrendered/withheld to cover exercise price and taxes (F) for $5,577,002, and 4,664 shares were sold in a series of open‑market transactions (S) totaling $4,659,338. Combined sale proceeds ≈ $10,236,340. The filing also shows the derivative (the options) converted (M) into the shares.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely).
- Exercise: 10,220 shares acquired at $209.56 each (total cost $2,141,703).
- Tax/withholding sale (F): 5,556 shares for $5,577,002 (weighted avg price reported).
- Open‑market sales (S): 4,664 shares in multiple trades totaling $4,659,338 (multiple weighted‑average price footnotes).
- Total proceeds from sales ≈ $10.24M.
- Shares owned following the transactions: not specified in the provided excerpt of the filing.
- Footnotes: several weighted‑average price footnotes (sales executed across multiple prices/ranges); the derivative “disposed” entry at $0 reflects conversion of the option into stock on exercise.
- Codes: M = option exercise/conversion; F = payment of exercise price/tax withholding; S = open‑market sale.
Context
This was effectively a cashless exercise: Ross exercised options and immediately used/sold the resulting shares to cover the exercise cost and tax withholding and to sell additional shares. Such transactions are common for option exercises and tax obligations and do not necessarily indicate a change in the insider’s longer‑term view. Purchases by insiders are generally more informative of bullish sentiment than routine, immediate sales to cover costs.
Insider Transaction Report
Form 4
Ross Andrew D
President & COO
Transactions
- Exercise/Conversion
Common Stock
2026-02-11$209.56/sh+10,220$2,141,703→ 23,340 total - Tax Payment
Common Stock
2026-02-11$1003.78/sh−5,556$5,577,002→ 17,784 total - Sale
Common Stock
[F1]2026-02-11$993.32/sh−745$740,023→ 17,039 total - Sale
Common Stock
[F2]2026-02-11$995.20/sh−642$638,918→ 16,397 total - Sale
Common Stock
[F3]2026-02-11$997.59/sh−440$438,940→ 15,957 total - Sale
Comon Stock
[F4]2026-02-11$999.17/sh−1,008$1,007,163→ 14,949 total - Sale
Common Stock
[F5]2026-02-11$999.80/sh−419$418,916→ 14,530 total - Sale
Common Stock
[F6]2026-02-11$1001.49/sh−560$560,834→ 13,970 total - Sale
Common Stock
[F7]2026-02-11$1002.40/sh−193$193,463→ 13,777 total - Sale
Common Stock
[F8]2026-02-11$1004.45/sh−202$202,899→ 13,575 total - Sale
Common Stock
[F9]2026-02-11$1006.80/sh−385$387,618→ 13,190 total - Sale
Common Stock
2026-02-11$1008.05/sh−70$70,564→ 13,120 total - Exercise/Conversion
Stock Appreciation Rights
2026-02-11−10,220→ 0 totalExercise: $209.56From: 2021-08-12Exp: 2030-08-11→ Common Stock (10,220 underlying)
Holdings
- 404(indirect: Shares Held by Sons)
Common Stock
- 3,778.23(indirect: Parker Retirement Savings Plan)
Common Stock
Footnotes (9)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $993.16 to $993.61, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 1 to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $994.83 to $995.74, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 2 to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $997.12 to $997.68, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 3 to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $998.39 to $999.33, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 4 to this Form 4.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $999.45 to $1,000.15, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 5 to this Form 4.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,001.06 to $1,001.76, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 6 to this Form 4.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,002.39 to $1,002.58, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 7 to this Form 4.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,003.88 to $1,004.75, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 8 to this Form 4.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,006.36 to $1,007.13, inclusive. The reporting person undertakes to provide Parker-Hannifin Corporation, any security holder of Parker-Hannifin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 9 to this Form 4.
Signature
/s/ Stephanie R. Breitenbach, Attorney-In-Fact|2026-02-13