Parker-Hannifin (PH) CFO Todd Leombruno Receives Award

What Happened
Todd M. Leombruno, Executive Vice President & Chief Financial Officer of Parker-Hannifin Corp (PH), received a grant of 5,745 stock appreciation rights (SARs) on August 19, 2026. The filing reports an acquisition-type award (code A) with a reported price of $0.00 (derivative award), meaning no cash purchase was made. SARs typically pay the increase in stock value in cash or shares rather than representing an outright stock purchase.

Key Details

• Transaction date: 2026-08-19; filing date: 2026-08-21 (reported two days after the transaction).
• Award: 5,745 stock appreciation rights (SARs); reported price/consideration: $0.00 (derivative award).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote: The SAR award vests in three equal annual installments beginning 8/19/2027.
• Transaction code: A (award/grant). No indication in the filing that this was a sale, purchase, tax withholding, or part of a 10b5-1 plan.

Context
This is a compensation-related derivative award, not a cash purchase or sale. SARs give the holder a right to receive the appreciation in the company’s stock (often settled in cash or shares) according to the plan terms, and vesting delays realization of any value. Such grants are common for executive compensation and are not by themselves a direct buy or sell signal.