STOCK TITAN

Applied Industrial Technologies (AIT) appoints Pamela Tomczik and announces board retirement

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Applied Industrial Technologies, Inc. reported changes to its Board of Directors. On August 11, 2026, the company elected Pamela J. Tomczik, age 52, to the Board with a term expiring in October 2026. She currently serves as Senior Vice President, Treasurer and Business Development of Target Corporation and previously held corporate development and legal roles at Target, Thomson Reuters, Travelers and Andersen Corporation. As a non-employee director, she will receive compensation consistent with other non-employee directors and will enter into an Indemnification Agreement in the form previously filed with the SEC. On the same date, Peter C. Wallace submitted his notice of retirement from the Board in line with Applied’s director retirement policy, effective at the annual meeting of shareholders on October 20, 2026.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Election date August 11, 2026 Date Pamela J. Tomczik was elected to the Board of Directors
Director age 52 Age of Pamela J. Tomczik at the time of her election
Term expiration October 2026 Scheduled expiration of Pamela J. Tomczik’s board term
Annual meeting date October 20, 2026 Effective date of Peter C. Wallace’s retirement from the Board
Retirement age policy 72 Age at which directors must retire at the following annual meeting
Target executive role start October 2022 Start date of Pamela J. Tomczik’s role as SVP, Treasurer and Business Development at Target
non-employee director financial
"As a non-employee director, Ms. Tomczik will receive compensation"
Indemnification Agreement regulatory
"Ms. Tomczik will enter into an Indemnification Agreement with Applied"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
retirement policy for directors financial
"in accordance with Applied’s retirement policy for directors, which requires a director to retire"
annual meeting of shareholders financial
"effective at Applied’s annual meeting of shareholders on October 20, 2026"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

FAQ

What board change did Applied Industrial Technologies (AIT) disclose on August 11, 2026?

Applied Industrial Technologies elected Pamela J. Tomczik to its Board of Directors with a term expiring in October 2026. She joins as a non-employee director and has not yet been appointed to any board committees.

What is Pamela J. Tomczik’s background relevant to her new role at AIT?

Pamela J. Tomczik is Senior Vice President, Treasurer and Business Development at Target Corporation, a role she has held since October 2022. She previously led corporate development at Target and Thomson Reuters and earlier served as a corporate attorney.

How will Pamela J. Tomczik be compensated as a director of Applied Industrial Technologies (AIT)?

As a non-employee director, Pamela J. Tomczik will receive compensation in the same manner as Applied’s other non-employee directors. The company previously described this compensation in its 2025 Proxy Statement filed on September 10, 2025.

What Indemnification Agreement will Pamela J. Tomczik enter into with Applied Industrial Technologies (AIT)?

Pamela J. Tomczik will enter into an Indemnification Agreement with Applied, using the same form filed as Exhibit 10.4 to Applied’s Form 10-K for the fiscal year ended June 30, 2026, providing protection related to her board service.

Which director is retiring from the Applied Industrial Technologies (AIT) board and when?

Peter C. Wallace submitted his notice of retirement from the Board of Directors in accordance with Applied’s retirement policy. His retirement is effective at the annual meeting of shareholders on October 20, 2026.

What is Applied Industrial Technologies’ retirement policy for directors mentioned in this 8-K?

Applied Industrial Technologies has a retirement policy requiring a director to retire effective at the annual meeting of shareholders that immediately follows the person’s attainment of age 72. Peter C. Wallace’s retirement follows this policy.

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

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0000109563FALSE00001095632026-08-142026-08-14


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

August 11, 2026
Date of Report (date of earliest event reported)

APPLIED INDUSTRIAL TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Ohio
1-2299
34-0117420
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
One Applied Plaza
Cleveland
Ohio
44115
(Address of Principal Executive Offices)
(Zip Code)
(216) 426-4000
Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, without par valueAITNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o



ITEM 5.02
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On August 11, 2026, Pamela J. Tomczik, age 52, was elected to the Board of Directors of Applied Industrial Technologies, Inc. (“Applied”), with a term expiring in October 2026. She has not yet been appointed to any committees of the Board of Directors.

Ms. Tomczik has served as Senior Vice President, Treasurer and Business Development of Target Corporation (NYSE: TGT) since October 2022. From 2014 to October 2022, Ms. Tomczik served as Vice President, Corporate Development of Target. Prior to joining Target, Ms. Tomczik held several leadership positions at Thomson Reuters, including Vice President of Corporate Development. Prior to Thomson Reuters, Ms. Tomczik was a corporate attorney, serving in corporate counsel roles at Travelers and Andersen Corporation.

As a non-employee director, Ms. Tomczik will receive compensation in the same manner as Applied’s other non-employee directors, which compensation Applied previously disclosed in its Proxy Statement for Applied’s 2025 Annual Meeting of Shareholders, filed with the Securities and Exchange Commission on September 10, 2025. In addition, Ms. Tomczik will enter into an Indemnification Agreement with Applied, the form of which is filed as Exhibit 10.4 to Applied’s Annual Report on Form 10-K for the fiscal year ended June 30, 2026.

On August 11, 2026, in accordance with Applied’s retirement policy for directors, which requires a director to retire effective at the annual meeting of shareholders that immediately follows the person’s attainment of age 72, Peter C. Wallace submitted his notice of retirement from the Board of Directors of Applied, effective at Applied’s annual meeting of shareholders on October 20, 2026.

ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS

(d)    Exhibits.    

Exhibit No.Description
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
    


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

APPLIED INDUSTRIAL TECHNOLOGIES, INC.
(Registrant)
Date: August 14, 2026
By: /s/ Jon S. Ploetz
Jon S Ploetz, Vice President-General Counsel & Secretary



Filing Exhibits & Attachments

3 documents