Parker‑Hannifin (PH) CEO Jennifer Parmentier Receives 22,098 SAR Award

What Happened
Jennifer A. Parmentier, CEO of Parker‑Hannifin Corp (PH), was granted 22,098 stock appreciation rights (SARs) on August 19, 2026. The award is reported as an acquisition at $0.00 (derivative award), so no cash was paid. This is a compensation grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-19; Form 4 filed: 2026-08-21 (appears timely).
• Instrument: Stock Appreciation Rights (derivative award), transaction code A (award/grant).
• Quantity: 22,098 SARs; Reported price: $0.00 (no cash exchanged).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The SAR award vests in three equal annual installments beginning 8/19/2027.
• No indication of tax withholding sale or 10b5‑1 plan in this filing.

Context
Stock appreciation rights are derivative awards that typically pay out the increase in share value (in cash or stock) when exercised and only become valuable if the stock rises above the grant reference. Because this is a time‑based compensation grant with multi‑year vesting, it is a routine executive award and not an immediate market purchase signal.