Gentile Thomas C 4

What Happened

• Thomas C. Gentile, VP—Global Supply Chain at Parker-Hannifin (PH), exercised 3,370 stock options on 2026-02-12 by paying $296.00 per share (total $997,520). As part of the same transaction, 2,044 shares were surrendered/withheld to cover the exercise price and tax liability (reported value $2,044,000) and 1,326 shares were sold in the open market at $1,001.51 per share for $1,328,002. The filing also shows the derivative instrument representing 3,370 options was converted (reported as a $0 disposition entry), consistent with an option exercise and immediate share disposition—i.e., a cashless exercise.

Key Details

• Transaction date: 2026-02-12; Form 4 filed 2026-02-17 (appears late vs. the usual 2-business-day Form 4 deadline).
• Exercise: 3,370 shares exercised at $296.00 each; total exercise cost $997,520.
• Withholding/tax: 2,044 shares surrendered/withheld (F) — reported value $2,044,000.
• Open-market sale: 1,326 shares sold (S) at $1,001.51 — proceeds $1,328,002.
• Derivative conversion: 3,370 option units reported disposed at $0 (M) — reflects conversion/exercise of the derivative instrument.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This looks like a cashless exercise: options were exercised and some/all resulting shares were immediately surrendered or sold to cover the exercise cost and taxes. Such transactions are common for option exercises and are often routine liquidity/tax events rather than a clear buy/sell signal about the insider’s view of the stock. The delayed filing may be notable to some investors because timely reporting is required under SEC rules.