STOCK TITAN

Applied Industrial (NYSE: AIT) director lines up 1,904-share Rule 144 sale

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(Neutral)
Form Type
144

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.

Positive

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Negative

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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
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.

What is the aggregate market value of AIT shares covered by this Form 144?

The notice states an aggregate market value of 648210.00 for the 1,904 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock proposed to be sold under Rule 144.

How many AIT shares of this class are outstanding according to the Form 144?

The Form 144 lists 36,698,856 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock outstanding for the class involved in the proposed Rule 144 sale.

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.

How were the AIT shares to be sold under this Form 144 originally acquired?

The securities to be sold were acquired through Restricted Stock Lapse equity compensation, including 1,571 shares on 07/12/2025 and 333 shares on 01/24/2024 from APPLIED INDUSTRIAL TECHNOLOGIES INC.

What is the approximate date of sale for the AIT shares in this Form 144?

The filing lists an approximate sale date of 08/26/2026 for the 1,904 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock to be sold on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature