secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2021-08-13T23:59:59+00:00
Accession:  0001193125-21-246081
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Parker Hannifin appoints Banks Vice Chairman & President, Parmentier COO
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- Lee C. Banks, previously President and COO, elevated to Vice Chairman and President effective Aug 9, 2021.
- Jennifer A. Parmentier, formerly VP & President-Motion Systems Group, named Chief Operating Officer.
- Parmentier's base salary raised to $750,000; bonus targets and LTIP awards increased.
- No changes to Banks' compensation in connection with his new role.
- Neither officer is party to any related-party transaction under Item 404(a).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000119312521246081/0001193125-21-246081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000119312521246081/d196075d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-246081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer