Hart Mark J 4

What Happened

• Mark J. Hart, EVP – Human Resources & External Affairs at Parker-Hannifin, was granted 4,467 shares on April 22, 2026 (award reported as acquired at $0.00). To satisfy tax withholding on that award, 1,970 of the shares were withheld/disposed at $954.43 per share, for a withholding value of about $1,880,227.
• This combination is an equity award (acquisition) with a routine tax-withholding disposition — not an open-market sale or purchase by the insider.

Key Details

• Transaction date: April 22, 2026; Form 4 filed April 24, 2026.
• Award: 4,467 shares acquired (code A) at $0.00 per share.
• Tax withholding/disposition: 1,970 shares disposed (code F) at $954.43 per share; total ≈ $1,880,227.
• Shares owned after the transaction: not specified in the details provided in this summary.
• Filing timeliness: Form filed two days after the transaction (no late filing flag noted here).
• Codes: A = award/grant/acquisition; F = payment of exercise price or tax liability (share withholding).

Context

• The award is a grant of shares to the executive; the 1,970-share disposition reflects shares withheld to cover tax obligations — a common, administrative step that does not necessarily signal buying or selling sentiment.
• For retail investors, award grants increase an insider’s equity stake on paper, but withheld shares reduce the net new shares actually delivered to the insider. This is routine compensation handling rather than a market trade.