Parker-Hannifin Corp·4

Apr 24, 4:15 PM ET

Bendali Rachid 4

Research Summary

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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.

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