Insider-linked holder to sell 5,447 Applied Industrial (NYSE: AIT) shares via Rule 144
Rhea-AI Filing Summary
Applied Industrial Technologies filed a notice that an affiliated holder plans to sell 5,447 shares of its common stock under Rule 144. The shares are to be sold through Charles Schwab & Co., Inc. on or about February 5, 2026, on the NYSE, with an aggregate market value of $1,568,028.00. These shares were acquired on August 9, 2024 as equity compensation from restricted and performance stock units. The notice states the seller is not aware of any undisclosed material adverse information about the company.
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FAQ
What does Applied Industrial Technologies (AIT) disclose in this Form 144 filing?
The filing discloses a planned sale of 5,447 Applied Industrial Technologies common shares under Rule 144. The shares were acquired as equity compensation and will be sold through Charles Schwab & Co., Inc. on the NYSE, subject to market conditions.
How many Applied Industrial Technologies (AIT) shares are planned to be sold and at what value?
The notice covers a proposed sale of 5,447 AIT common shares with an aggregate market value of $1,568,028.00. This value reflects the market pricing referenced in the filing for the shares to be sold on the NYSE.
When were the Applied Industrial Technologies (AIT) shares acquired that are being sold under Rule 144?
The 5,447 AIT common shares were acquired on August 9, 2024. They originated from restricted stock units and performance stock units granted as equity compensation by Applied Industrial Technologies Inc., according to the filing.
When is the planned sale date for the Applied Industrial Technologies (AIT) shares in this Form 144?
The filing lists an approximate sale date of February 5, 2026 for the 5,447 AIT common shares. Actual execution may depend on market conditions and the seller’s instructions to the broker.
Which broker will handle the sale of Applied Industrial Technologies (AIT) shares under this Form 144?
The planned sale will be handled by Charles Schwab & Co., Inc., located at 3000 Schwab Way, Westlake, Texas. The shares are intended to be sold on the New York Stock Exchange, as specified in the filing.
How many Applied Industrial Technologies (AIT) shares are outstanding in relation to this planned Rule 144 sale?
The filing states that 37,302,440 AIT common shares are outstanding. The proposed sale covers 5,447 shares, providing context for the relative size of this planned transaction compared with the total shares outstanding.