Parker-Hannifin VP Matthew Jacobson Receives 3,241 SARs

What Happened
Matthew A. Jacobson, Vice President and President of the Filtration Group at Parker-Hannifin (PH), received a grant of 3,241 stock appreciation rights (SARs) on August 19, 2026. The grant shows an acquisition price of $0 (derivative award); no cash was exchanged. SARs are a form of equity compensation that typically pay the appreciation in value of the stock in cash or shares upon vesting/exercise, rather than representing immediate share ownership or an open-market purchase.

Key Details

• Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (timely filing).
• Grant type/code: A (award/acquisition) — 3,241 SARs at $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The SAR award vests in three equal annual installments beginning 8/19/2027.
• Filing appears timely (reported within two business days of the transaction).

Context
SARs are derivative awards that entitle the holder to the increase in stock value over a base price; they do not represent immediate share ownership and may pay out in cash or stock upon vesting/exercise. This grant is a compensation award, not a market purchase or sale, and should be viewed as a routine executive equity grant rather than a direct buy/sell signal.