Todd Leombruno, EVP & CFO at Parker Hannifin (NYSE:PH), reported a large insider sell on August 30, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Leombruno sold 5,002 shares of Parker Hannifin. The total transaction amounted to $2,081,395.
Parker Hannifin shares are trading up 0.12% at $419.35 at the time of this writing on Thursday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to ...