Applied Industrial (NYSE: AIT) officer eyes sale of 1,812 shares
Rhea-AI Filing Summary
APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) reports that officer David K. Wells has filed a Rule 144 notice covering a proposed sale of 1,812 shares of common stock held at Charles Schwab. The shares derive from equity compensation, including 711 restricted stock shares vesting on 08/08/2026 and 1,101 performance stock shares vesting on 08/11/2026, which may be sold on the NYSE.
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Key Figures
Shares covered by Form 144: 1,812 shares
Restricted stock lapse shares: 711 shares
Performance stock lapse shares: 1,101 shares
+3 more
6 metrics
Shares covered by Form 144
1,812 shares
Total AIT common shares listed for potential sale by David K. Wells
Restricted stock lapse shares
711 shares
Restricted stock lapse dated 08/08/2026 under equity compensation
Performance stock lapse shares
1,101 shares
Performance stock lapse dated 08/11/2026 under equity compensation
Broker
Charles Schwab & Co., Inc.
Broker listed for holding and potential sale of AIT common stock
Exchange
NYSE
Market where AIT common stock may be sold under this notice
Rule 144 notice date
08/18/2026
Date associated with the Rule 144 securities information section
Key Terms
Rule 144, Restricted Stock Lapse, Performance Stock Lapse, Equity Compensation
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 | 08/08/2026 | Restricted Stock Lapse | APPLIED INDUSTRIAL TECHNOLOGIES INC"
Performance Stock Lapse financial
"Common | 08/11/2026 | Performance Stock Lapse | APPLIED INDUSTRIAL TECHNOLOGIES INC"
Equity Compensation financial
"711 | 08/08/2026 | Equity Compensation Common | 08/11/2026"
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.
FAQ
What does the Form 144 filing by David K. Wells mean for APPLIED INDUSTRIAL TECHNOLOGIES (AIT)?
The filing indicates that officer David K. Wells plans a potential Rule 144 sale of 1,812 AIT common shares. These shares come from vested equity awards and the notice discloses an intention, not a guaranteed sale.
What types of AIT equity awards is David K. Wells planning to sell under Rule 144?
The plan involves restricted stock and performance stock awards in AIT common stock. Specifically, 711 restricted stock shares and 1,101 performance stock shares from equity compensation are listed as securities to be sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.