Bracht Berend 4
4 · Parker-Hannifin Corp · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
Parker-Hannifin (PH) VP Berend Receives Award, Surrenders Shares for Taxes
What Happened
- Berend Bracht, Vice President & President – Motion Systems Group at Parker-Hannifin, received an award of 4,467 shares on April 22, 2026 (code A; acquisition at $0.00).
- To cover tax obligations related to that award (code F), he surrendered/withdrew 1,948 shares priced at $954.43 each, totaling $1,859,230. Net shares received from the award after withholding were 2,519 shares. This activity reflects an equity award with shares withheld for taxes rather than an open‑market sale or purchase.
Key Details
- Transaction date: 2026-04-22. Filing date (Form 4): 2026-04-24. (Appears timely based on supplied dates.)
- Award: 4,467 shares acquired at $0.00 (code A).
- Tax withholding/surrender: 1,948 shares disposed at $954.43; total value $1,859,230 (code F).
- Net increase in holdings from this award: 2,519 shares (4,467 awarded − 1,948 surrendered).
- Shares owned after the transaction: not provided in the supplied data.
- Notes: Code F indicates shares were used to satisfy tax withholding/tax liability from the award (common practice). No 10b5-1 plan or late‑filing flag was indicated in the provided information.
Context
- This was an award issuance with shares surrendered to cover taxes (a routine, administrative transaction). It is not an open‑market sale that necessarily signals insider sentiment. For retail investors, acquisitions (net receipt of shares) can be more informative than routine withholding; here the insider retained a net 2,519 shares from the award.
Insider Transaction Report
Form 4
Bracht Berend
VP & Pres.- Motion Sys. Grp.
Transactions
- Award
Common Stock
2026-04-22+4,467→ 7,047 total - Tax Payment
Common Stock
2026-04-22$954.43/sh−1,948$1,859,230→ 5,099 total
Signature
/s/ Stephanie R. Breitenbach, Attorney-In-Fact|2026-04-24