{"schema_version":"secwatch.filing_event.v1","accession":"0000076334-23-000057","form_type":"8-K","ticker":"PH","cik":"0000076334","company_name":"Parker-Hannifin Corp","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.961642+00:00","generated_at":"2026-06-09T06:20:17.286930+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lee C. Banks and Roger S. Sherrard to retire Dec 31; Andrew D. Ross elected President","bullets":["Lee C. Banks, Vice Chairman and President, to retire Dec 31, 2023; will continue until then.","Andrew D. Ross, age 56, current COO, elected President effective Jan 1, 2024; base salary $950,000.","Roger S. Sherrard, VP & President - Aerospace Group, also retiring Dec 31, 2023.","Shareholders approved 2023 Omnibus Stock Incentive Plan authorizing 11.3M common shares.","Shareholders approved Amended Global Employee Stock Purchase Plan extending term to Oct 24, 2033."],"urls":{"canonical":"https://secwatch.observer/filing/0000076334-23-000057","json":"https://secwatch.observer/filing/0000076334-23-000057.json","markdown":"https://secwatch.observer/filing/0000076334-23-000057.md","text":"https://secwatch.observer/filing/0000076334-23-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/ph-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T06:20:17.286930+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5c4b18c0b2","claim":"Andrew D. Ross was elected as President at Parker-Hannifin Corp.","evidence_excerpt":"In connection with Mr. Banks’ notification of retirement, the Board of Directors of the Company (the “Board”) elected Andrew D. Ross, age 56, as President, effective January 1, 2024 (the “Transition Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"b6110d40c7","claim":"Lee C. Banks departed as Vice Chairman and President at Parker-Hannifin Corp.","evidence_excerpt":"On October 25, 2023, Lee C. Banks, Vice Chairman and President of Parker-Hannifin Corporation (the “Company”), notified the Company that he will retire on December 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will retire"},{"label":"Role","value":"Vice Chairman and President"}],"fact_type":"executive_change"},{"claim_id":"d5bc8ebf4d","claim":"Roger S. Sherrard departed as Vice President and President – Aerospace Group at Parker-Hannifin Corp.","evidence_excerpt":"On October 25, 2023, Roger S. Sherrard, Vice President and President – Aerospace Group of the Company, notified the Company that he will retire on December 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will retire"},{"label":"Role","value":"Vice President and President – Aerospace Group"}],"fact_type":"executive_change"},{"claim_id":"5a5fbb4ee6f98e4a497423af2e993290b270ecfb","claim":"Parker-Hannifin Corp shareholders approved Approval of Parker-Hannifin Corporation 2023 Omnibus Stock Incentive Plan at the 2023-10-25 meeting.","evidence_excerpt":"Proposal 4. The Shareholders approved the Parker-Hannifin Corporation 2023 Omnibus Stock Incentive Plan, as follows: Votes For Votes Against Abstentions Broker Non-Votes 97,404,736 8,030,470 357,631 9,577,113","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-10-25"}],"fact_type":"shareholder_vote"},{"claim_id":"707f4c256000b1db6ed566d38056a373568199a3","claim":"Parker-Hannifin Corp shareholders approved Approval of Amended and Restated Global Employee Stock Purchase Plan at the 2023-10-25 meeting.","evidence_excerpt":"Proposal 5. The Shareholders approved the Amended and Restated Parker-Hannifin Corporation Global Employee Stock Purchase Plan, as follows: Votes For Votes Against Abstentions Broker Non-Votes 104,761,242 733,221 298,374 9,577,113","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-10-25"}],"fact_type":"shareholder_vote"},{"claim_id":"846aaaca34c9988f0f1fb12e37ceb153315c332b","claim":"Parker-Hannifin Corp shareholders approved Advisory vote on frequency of say-on-pay (every year) at the 2023-10-25 meeting.","evidence_excerpt":"Proposal 6. The Shareholders approved an advisory vote for the option of \"every year\" as the preferred frequency for future advisory shareholder votes to approve the compensation of our Named Executive Officers , as follows: Votes For Votes Against Abstentions Broker Non-Votes 103,582,534 183,848 1,618,391 408,064","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-10-25"}],"fact_type":"shareholder_vote"},{"claim_id":"9719707ecede40e8bcf68c3bc52896af5db7091d","claim":"Parker-Hannifin Corp shareholders approved Advisory vote on executive compensation at the 2023-10-25 meeting.","evidence_excerpt":"Proposal 2 . The Shareholders approved, on a non-binding, advisory basis, the compensation of the Named Executive Officers of the Company, as follows: Votes For Votes Against Abstentions Broker Non-Votes 97,076,384 8,110,902 605,551 9,577,113","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-10-25"}],"fact_type":"shareholder_vote"},{"claim_id":"b1e22d3cdeec23c032a40bcc755b0ef3cc6e1bf1","claim":"Parker-Hannifin Corp shareholders approved Ratification of independent auditor at the 2023-10-25 meeting.","evidence_excerpt":"Proposal 3. The Shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2024, as follows: Votes For Votes Against Abstentions Broker Non-Votes 112,475,186 2,619,292 275,472 —","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-10-25"}],"fact_type":"shareholder_vote"},{"claim_id":"f6c6b1b030b0001d238209e936a4002d79af4a67","claim":"Parker-Hannifin Corp shareholders approved Election of Directors at the 2023-10-25 meeting.","evidence_excerpt":"Proposal 1 . The Shareholders elected the following Directors for a term expiring at the Annual Meeting of Shareholders in 2024, as follows: Nominees For Against Abstentions Broker Non-Votes Lee C. Banks 100,736,653 4,852,555 203,629 9,577,113","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/76334/000007633423000057/0000076334-23-000057-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-10-25"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}