Parker-Hannifin Corp
For the period ended Oct 28, 2026. Filed Sep 18, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Oct 28, 2026 · Filed Sep 18, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No. )
| Filed by the Registrant ☒ | Filed by a Party other than the Registrant ☐ |
|---|
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
|---|---|
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material Pursuant to §240.14a-12 |
PARKER-HANNIFIN CORPORATION
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
| ☒ | No fee required |
|---|---|
| ☐ | Fee paid previously with preliminary materials |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |
Parker-Hannifin Corporation is a Fortune 250 global leader in motion and control technologies. For more than a century, the Company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.
The Win Strategy™
The Win Strategy is our business system that defines the goals and initiatives that drive growth, transformation and success.
Our Values
Our values shape our culture and our interactions with stakeholders and the communities in which we operate and live.
Our Purpose
Our purpose statement defines our unique contribution to the world, creating a strong sense of pride and inspiration for our global team members.
Enabling Engineering Breakthroughs that Lead to a Better Tomorrow
Notice of Annual Meeting of Shareholders
| DATE AND TIMEOctober 28, 2026 (Wednesday)9:00 a.m. EDT | ADDRESSParker-Hannifin Corporation6035 Parkland BoulevardCleveland, Ohio 44124 | RECORD DATESeptember 4, 2026 |
To Our Shareholders:
You are cordially invited to attend the Annual Meeting of Shareholders of Parker-Hannifin Corporation. The meeting will be held at our headquarters located at 6035 Parkland Boulevard, Cleveland, Ohio 44124, on Wednesday, October 28, 2026 at 9:00 a.m., Eastern Daylight Time, for the following purposes:
Voting Items
| 1 | Election of Directors | FOR each Director nominee |
| 2 | Approval of the Compensation of Our Named Executive Officers on a Non-Binding, Advisory Basis | FOR |
| 3 | Ratification of the Appointment of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm | FOR |
and to transact such other business as may properly come before the meeting.
Shareholders of record at the close of business on September 4, 2026 are entitled to vote at the meeting. On September 4, 2026, 126,112,415 shares were outstanding and entitled to vote at the meeting. Each share is entitled to one vote. This Proxy Statement and the form of proxy are being mailed to shareholders on or about September 18, 2026. Your vote is important, so if you do not expect to attend the meeting, or if you do plan to attend but wish to vote by proxy, please mark, date, sign and return the enclosed proxy card promptly in the envelope provided or vote electronically via the internet or by telephone in accordance with the instructions on the proxy card. Please refer to the section“General Information About the Annual Meeting” for more information.
Thank you for your support of Parker-Hannifin Corporation.
By Order of the Board of Directors
Joseph R. Leonti
Secretary
September 18, 2026
| How to Vote | ||||
| VOTE VIA INTERNETwww.proxyvote.com | VOTE BY PHONE800-690-6903 | VOTE BY MAILVote Processing c/o Broadridge 51 Mercedes Way, Edgewood NY 11717 | VOTE AT THE MEETINGParker-Hannifin Corporation6035 Parkland BoulevardCleveland, Ohio 44124 | |
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on October 28, 2026.This Proxy Statement, along with our Annual Report on Form 10-K for the fiscal year ended June 30, 2026, is available free of charge on our investor relations website (investors.parker.com).
| 2026 Proxy Statement | 1 |
|---|
| 3 | Our Company | |
| 3 | Business and Performance Highlights | |
| 4 | Executive Compensation Highlights | |
| 5 | Corporate Governance Highlights | |
| 7 | Sustainability Highlights | |
| 9 | Shareholder Engagement Highlights | |
| 10 | Proxy Statement Summary/Voting Roadmap | |
| 11 | Item 1 – Election of Directors | |
| 12 | Director Nomination, Selection and Qualifications | |
| 13 | Director Skills and Backgrounds | |
| 14 | Director Biographies | |
| 14 | Nominees for Election as Directors for Terms Expiring in 2027 | |
| 19 | Director Independence | |
| 19 | Annual Elections; Majority Voting; No Cumulative Voting | |
| 19 | Departure | |
| 20 | Corporate Governance | |
| 20 | Board and Committee Structure | |
| 20 | Current Leadership Structure | |
| 21 | Board Committees; Committee Charters | |
| 23 | Meetings and Attendance; Executive Sessions | |
| 23 | Director Education and Orientation Program | |
| 24 | Board and Committee Evaluations | |
| 25 | Board Strategic and Risk Oversight | |
| 25 | Board’s Role in Strategic Oversight | |
| 26 | Board’s Role in Risk Oversight | |
| 26 | Communications with Directors | |
| 27 | Other Governance Matters | |
| 27 | Review and Approval of Transactions with Related Persons | |
| 27 | Proxy Access | |
| 28 | Stock Ownership Guidelines | |
| 28 | Insider Trading and Prohibited Transactions in Company Securities | |
| 28 | Governance Documents | |
| 29 | Director Compensation | |
| 29 | Compensation of Directors | |
| 30 | Director Compensation for Fiscal Year 2026 |
| 31 | Executive Compensation | |
| 31 | Item 2 – Advisory Vote to Approve Named Executive Officer Compensation | |
| 32 | Compensation Discussion & Analysis | |
| 32 | Named Executive Officers | |
| 32 | Executive Summary | |
| 37 | Compensation Setting Process | |
| 42 | Principal Elements of Executive Compensation | |
| 53 | Other Compensation Policies and Practices | |
| 55 | Accounting and Tax Considerations | |
| 55 | Compensation Committee Report | |
| 56 | Compensation Tables | |
| 56 | Summary Compensation Table for Fiscal Year 2026 | |
| 58 | Grants of Plan-Based Awards for Fiscal Year 2026 | |
| 59 | Outstanding Equity Awards at June 30, 2026 | |
| 61 | Option Exercises and Stock Vested for Fiscal Year 2026 | |
| 62 | Pension Benefits for Fiscal Year 2026 | |
| 63 | Nonqualified Deferred Compensation for Fiscal Year 2026 | |
| 64 | Potential Payments Upon Termination or Change of Control at June 30, 2026 | |
| 71 | Chief Executive Officer Pay Ratio | |
| 72 | Pay Versus Performance Disclosure | |
| 72 | Pay Versus Performance Table | |
| 75 | 2026 Performance Measures | |
| 76 | Item 3 – Ratification of the Independent Registered Public Accounting Firm | |
| 76 | Audit Fees and All Other Fees | |
| 77 | Audit Committee Pre-Approval Policies and Procedures | |
| 77 | Report of the Audit Committee | |
| 78 | Beneficial Ownership of Common Stock | |
| 78 | Principal Shareholders | |
| 80 | General Information About the Annual Meeting | |
| 81 | Other Matters | |
| 81 | General | |
| 83 | Shareholders’ Proposals | |
| 83 | Shareholder Recommendations for Director Nominees |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.