Parmentier Jennifer A 4
4 · Parker-Hannifin Corp · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
Parker-Hannifin CEO Jennifer Parmentier Receives Award, Sells 12,997
What Happened
Jennifer A. Parmentier, CEO of Parker‑Hannifin (PH), received an award of 29,808 shares (code A) on 2026-04-22 and 12,997 of those shares were disposed (code F) to satisfy tax withholding. The withheld shares were reported at $954.43 each, for a total value of approximately $12,404,727. After withholding, the award netted about 16,811 shares retained from this grant.
Key Details
- Transaction dates: Award and withholding both reported for 2026-04-22; Form 4 filed 2026-04-24 (Accession: 0000076334-26-000045).
- Grant: 29,808 shares acquired (A) at $0.00 per share.
- Withholding/disposition: 12,997 shares (F) at $954.43 per share — total ≈ $12,404,727.
- Net shares retained from this award: 29,808 − 12,997 = 16,811 shares.
- Footnote/meaning: Code F indicates shares were withheld or surrendered to cover tax obligations (not an open-market investment sale).
- Amount owned following the transaction (total holdings) is not specified in the provided filing excerpt.
Context
This filing reflects a standard equity award to an executive with a portion of shares withheld to satisfy tax liabilities — a routine administrative step rather than a voluntary market sale. The large dollar figure reflects the high share price used to compute withholding, not an additional cash investment by the insider.
Insider Transaction Report
- Award
Common Stock
2026-04-22+29,808→ 77,186 total - Tax Payment
Common Stock
2026-04-22$954.43/sh−12,997$12,404,727→ 64,189 total
- 404(indirect: By Children)
Common Stock
- 1,048.5(indirect: Parker Retirement Savings Plan)
Common Stock