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Parker-Hannifin Corp

For the period ended Oct 28, 2026. Filed Sep 18, 2026.

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About this filing

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

PH$917.79+2.9%Stored close · as of Nov 6, 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. EDTADDRESSParker-Hannifin Corporation6035 Parkland BoulevardCleveland, Ohio 44124RECORD 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

1Election of DirectorsFOR each Director nominee
2Approval of the Compensation of Our Named Executive Officers on a Non-Binding, Advisory BasisFOR
3Ratification of the Appointment of Deloitte & Touche LLP as our Independent Registered Public Accounting FirmFOR

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.comVOTE BY PHONE800-690-6903VOTE BY MAILVote Processing c/o Broadridge 51 Mercedes Way, Edgewood NY 11717VOTE 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 Statement1
3Our Company
3Business and Performance Highlights
4Executive Compensation Highlights
5Corporate Governance Highlights
7Sustainability Highlights
9Shareholder Engagement Highlights
10Proxy Statement Summary/Voting Roadmap
11Item 1 – Election of Directors
12Director Nomination, Selection and Qualifications
13Director Skills and Backgrounds
14Director Biographies
14Nominees for Election as Directors for Terms Expiring in 2027
19Director Independence
19Annual Elections; Majority Voting; No Cumulative Voting
19Departure
20Corporate Governance
20Board and Committee Structure
20Current Leadership Structure
21Board Committees; Committee Charters
23Meetings and Attendance; Executive Sessions
23Director Education and Orientation Program
24Board and Committee Evaluations
25Board Strategic and Risk Oversight
25Board’s Role in Strategic Oversight
26Board’s Role in Risk Oversight
26Communications with Directors
27Other Governance Matters
27Review and Approval of Transactions with Related Persons
27Proxy Access
28Stock Ownership Guidelines
28Insider Trading and Prohibited Transactions in Company Securities
28Governance Documents
29Director Compensation
29Compensation of Directors
30Director Compensation for Fiscal Year 2026
31Executive Compensation
31Item 2 – Advisory Vote to Approve Named Executive Officer Compensation
32Compensation Discussion & Analysis
32Named Executive Officers
32Executive Summary
37Compensation Setting Process
42Principal Elements of Executive Compensation
53Other Compensation Policies and Practices
55Accounting and Tax Considerations
55Compensation Committee Report
56Compensation Tables
56Summary Compensation Table for Fiscal Year 2026
58Grants of Plan-Based Awards for Fiscal Year 2026
59Outstanding Equity Awards at June 30, 2026
61Option Exercises and Stock Vested for Fiscal Year 2026
62Pension Benefits for Fiscal Year 2026
63Nonqualified Deferred Compensation for Fiscal Year 2026
64Potential Payments Upon Termination or Change of Control at June 30, 2026
71Chief Executive Officer Pay Ratio
72Pay Versus Performance Disclosure
72Pay Versus Performance Table
752026 Performance Measures
76Item 3 – Ratification of the Independent Registered Public Accounting Firm
76Audit Fees and All Other Fees
77Audit Committee Pre-Approval Policies and Procedures
77Report of the Audit Committee
78Beneficial Ownership of Common Stock
78Principal Shareholders
80General Information About the Annual Meeting
81Other Matters
81General
83Shareholders’ Proposals
83Shareholder Recommendations for Director Nominees
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.