Bendali Rachid 4
4 · Parker-Hannifin Corp · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
Parker-Hannifin (PH) VP Rachid Bendali Receives Award; 1,913 Shares Withheld
What Happened
Rachid Bendali, VP and President — Engineering Materials Group at Parker-Hannifin, received an award of 4,467 shares (code A) on 2026-04-22. The filing also shows 1,913 shares were surrendered/withheld (code F) to satisfy tax withholding obligations at a reported value of $954.43 per share, totaling $1,825,825. The award is reported at $0.00 per share (common for compensated/issued shares).
Key Details
- Transaction dates: 2026-04-22 (reported on Form 4 filed 2026-04-24). Filing appears timely.
- Award: 4,467 shares acquired (code A) at $0.00 per share.
- Withholding/tax payment: 1,913 shares disposed/withheld (code F) at $954.43 per share; total value reported $1,825,825.
- Shares owned after the transaction: not disclosed in the provided summary of the filing.
- Notable: Code F indicates shares were used to pay tax liability (cashless withholding). The filing does not indicate a 10b5-1 plan or other special trading plan.
Context
This filing reflects a compensation-related award and routine tax withholding rather than an open-market sale or deliberate purchase. For retail investors, receiving awarded shares is a form of insider compensation; withholding to cover taxes is common and does not necessarily signal buying or selling intent.
Insider Transaction Report
- Award
Common Stock
2026-04-22+4,467→ 7,181 total - Tax Payment
Common Stock
2026-04-22$954.43/sh−1,913$1,825,825→ 5,268 total