Jean Savage Receives Annual Grant of 205 Restricted Stock Units in Parker-Hannifin ($PH)
Parker-Hannifin Corp
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Filing Summary
# Parker-Hannifin Corp (PH) - Form 4 Insider Filing
**Insider:** Savage Jean (Director)
**Transaction Date:** October 28, 2026
**Filing Date:** October 30, 2026
### Transaction Summary
* **Security:** Restricted Stock Units
* **Type:** Award / Grant (Code: A)
* **Shares:** +205
* **Price:** $0.00
* **Direct Ownership After:** 883 RSUs
* **Indirect Holdings:** 10 Common Shares (Jean Savage Trust)
### Assessment
* **Significance:** Low (Routine annual director equity grant)
Comprehensive Analysis
Executive Summary
On October 30, 2026, Parker-Hannifin Corp ($PH) filed a Form 4 on behalf of Director Jean Savage, reporting an award of 205 Restricted Stock Units (RSUs) effective October 28, 2026. Because this transaction represents an annual director equity grant awarded at $0 per share, it carries Low trading significance and does not signal open-market buying or selling activity.
Detailed Breakdown
- Insider: Jean Savage
- Role: Director
- Security: Restricted Stock Units (RSUs)
- Transaction Code:
A(Grant, award, or other acquisition pursuant to equity incentive plan) - Shares Acquired: 205 RSUs
- Conversion / Purchase Price: $0.00
- Post-Transaction Direct Holdings: 883 RSUs (includes 2 shares acquired via dividend reinvestment)
- Indirect Holdings: 10 shares of Common Stock held via the Jean Savage Trust
- Vesting Terms: The RSUs vest on the later of one year from the grant date or the date of the company's next Annual Shareholders Meeting.
Market & Governance Context
This filing represents standard board compensation under Parker-Hannifin's 2023 Omnibus Stock Incentive Plan. Annual equity awards are customary for non-employee directors to align board member interests with long-term shareholder value. Since no capital was deployed or liquidated in the open market, this transaction is considered neutral for PH equity valuation.
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Important Disclaimer
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