Parel Dinu J 4

What Happened Dinu J. Parel, Vice President and Chief Digital & Information Officer at Parker-Hannifin (PH), received an award of 4,467 shares on 2026-04-22 (code A). To satisfy the related tax withholding, 1,970 of those shares were surrendered (code F) at an effective value of $954.43 per share, totaling approximately $1,880,227. This was an award/acquisition rather than an open-market sale.

Key Details

• Transaction date: 2026-04-22; Form 4 filed 2026-04-24.
• Award: 4,467 shares granted (code A) at $0.00 acquisition cost recorded.
• Tax withholding: 1,970 shares disposed/surrendered (code F) at $954.43/share, total ≈ $1,880,227.
• Shares owned after transaction: not specified in the provided filing summary (check full Form 4 for post-transaction holdings).
• Notable: The disposal was to pay tax liability (withholding), a routine administrative step — not an open-market sale. No 10b5-1 plan or late-filing flag was indicated in the provided data.

Context This is a stock award with shares withheld to cover taxes (common with restricted stock or vested awards). Such withholdings are administrative and do not necessarily signal insider sentiment like an open-market sale would. Purchases or outright open-market buys tend to be more informative about an insider’s confidence in the company. For full details (post-transaction holdings and any footnotes), consult the complete Form 4 filing (Accession: 0000076334-26-000061).