Applied Industrial (NYSE: AIT) director lines up 1,904-share Rule 144 sale
Rhea-AI Filing Summary
APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) received a Rule 144 notice relating to planned sales of its common stock for the account of director Peter C. Wallace, through the PETER C WALLACE TRUST. The notice covers 1,904 shares of common stock held at Charles Schwab & Co., Inc., with an aggregate market value of 648210.00, and notes that there are 36,698,856 shares of this class outstanding. The securities to be sold were acquired through Restricted Stock Lapse equity compensation awards of 1,571 shares on 07/12/2025 and 333 shares on 01/24/2024.
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Key Figures
Shares to be sold: 1,904 shares
Aggregate market value: 648210.00
Shares outstanding: 36,698,856 shares
+3 more
6 metrics
Shares to be sold
1,904 shares
Common stock covered by the Rule 144 notice
Aggregate market value
648210.00
Value of 1,904 AIT common shares proposed to be sold
Shares outstanding
36,698,856 shares
Outstanding common shares of the class involved
Restricted Stock Lapse award
1,571 shares
Equity compensation acquired on 07/12/2025
Restricted Stock Lapse award
333 shares
Equity compensation acquired on 01/24/2024
Approximate date of sale
08/26/2026
Proposed sale date for the 1,904 common shares on NYSE
Key Terms
Rule 144, Restricted Stock Lapse, Equity Compensation, Common
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Lapse financial
"Common | 07/12/2025 | Restricted Stock Lapse | APPLIED INDUSTRIAL"
Equity Compensation financial
"1571 | 07/12/2025 | Equity Compensation Common | 01/24/2024"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
Common financial
"144: Securities Information Common | Charles Schwab & Co., Inc."
FAQ
What transaction is being reported for AIT in this Form 144?
The filing reports a planned sale under Rule 144 of 1,904 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock for the account of director Peter C. Wallace, through the PETER C WALLACE TRUST, with the shares held at Charles Schwab & Co., Inc.
Who is the person on whose account the AIT securities are to be sold?
The securities are to be sold for the account of Wallace Peter C, a director of APPLIED INDUSTRIAL TECHNOLOGIES INC. The remarks specify that the shares reported were sold in the PETER C WALLACE TRUST.
AI-generated analysis. How Rhea-AI works. Not financial advice.