Reidy Jay 4
4 · Parker-Hannifin Corp · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
Parker-Hannifin VP Jay Reidy Receives Award; 1,495 Shares Withheld
What Happened
Jay Reidy, Vice President and President of Parker‑Hannifin’s Aerospace Group, was granted/received 3,725 shares (transaction code A) on April 22, 2026. To satisfy tax withholding related to that award, 1,495 shares were surrendered (transaction code F) at a reported price of $954.43, totaling about $1,426,873. The primary action is an award/grant of shares; the disposal was a withholding to cover tax liability, not an open‑market sale.
Key Details
- Transaction dates: April 22, 2026 (reported on Form 4 filed April 24, 2026). Filing appears timely.
- Award: 3,725 shares acquired at $0.00 (code A).
- Withholding: 1,495 shares disposed/withheld at $954.43 (code F) — reported total ≈ $1,426,873.
- Shares owned after transaction: Not specified in the provided filing details.
- Notable: Code A = award/grant; code F = shares withheld/used to satisfy tax withholding. This appears to be a standard tax withholding event (cashless surrender), not a market sale.
Context
Awards followed by share withholding to cover taxes are common when restricted stock or RSUs vest; the withholding itself generally does not indicate a change in the insider’s view of the company. This filing documents receipt of shares and routine tax withholding rather than a discretionary sale or open‑market purchase.
Insider Transaction Report
- Award
Common Stock
2026-04-22+3,725→ 5,808 total - Tax Payment
Common Stock
2026-04-22$954.43/sh−1,495$1,426,873→ 4,313 total
- 168.18(indirect: Parker Retirement Savings Plan)
Common Stock