Parker-Hannifin (PH) VP Jay Reidy Receives SAR Award

What Happened

• Jay Reidy, VP & President—Aerospace Group at Parker-Hannifin (PH), was granted 3,536 stock appreciation rights (SARs) on August 19, 2026. The award is recorded as a derivative acquisition at $0.00 (total reported value $0). This was a grant/award rather than a purchase or sale.

Key Details

• Transaction date: 2026-08-19 — Grant (transaction code A)
• Grant amount/price: 3,536 SARs at $0.00 (derivative award)
• Filing date: 2026-08-21 (reported two days after the grant; within the typical Form 4 two-business-day reporting window)
• Shares owned after transaction: Not specified in the provided filing details
• Footnote: The SAR award vests in three equal annual installments beginning 8/19/2027 (Footnote F1)

Context

• Stock appreciation rights (SARs) are derivative awards that pay the holder the increase in the company’s share price over a set period (often settled in stock or cash) once vested; they do not represent immediate ownership of shares. Because this is a compensation grant with a multi-year vesting schedule, it is a routine executive award and not an open-market buy or sale.