Parker-Hannifin EVP Mark J. Hart Receives 3,241 SAR Award

What Happened Mark J. Hart, EVP – Human Resources & External Affairs at Parker‑Hannifin (PH), received a grant of 3,241 stock appreciation rights (SARs) on 2026-08-19. The filing reports the SARs as a derivative award acquired at a $0.00 per-unit price (total reported value $0), meaning this was a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction type: Award/Grant (code A) of Stock Appreciation Rights (derivative).
• Transaction date: 2026-08-19; Form 4 filed 2026-08-21 (appears timely).
• Price reported: $0.00 per unit; total reported acquisition value $0.
• Shares outstanding/owned after transaction: not disclosed in the provided filing.
• Footnote: The SAR award vests in three equal annual installments beginning 8/19/2027. (F1)

Context SARs are a form of long‑term compensation that pay the holder the appreciation in stock price (often in cash or shares) after vesting; they do not represent immediate common‑share ownership until settled. Grants like this are routine executive compensation and do not, by themselves, indicate a buy or sell signal.