Director Peter Wallace gains deferred AIT (NYSE: AIT) stock award

Rhea-AI Filing Summary

APPLIED INDUSTRIAL TECHNOLOGIES INC director Peter C. Wallace reported an acquisition of common stock through compensation. On this Form 4, he received 5.865 shares of common stock at $282.58 per share as a grant or award, held indirectly through a Deferred Compensation Plan. Following this transaction, his indirect holdings in this plan total 3,253.03 shares, and he also reports 24,179 shares held directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wallace Peter C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5.865	$282.58	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,253.03 shares (Indirect, Deferred Compensation Plan); Common Stock — 24,179 shares (Direct)

Footnotes (1)

Key Figures

Shares granted: 5.865 shares Grant price: $282.58 per share Indirect holdings after grant: 3,253.03 shares +1 more

4 metrics

Shares granted 5.865 shares Common stock grant on March 31, 2026

Grant price $282.58 per share Value assigned to common stock grant

Indirect holdings after grant 3,253.03 shares Deferred Compensation Plan balance after transaction

Direct holdings 24,179 shares Directly held common stock position reported

Key Terms

Deferred Compensation Plan, Common Stock, grant, award, or other acquisition, indirect ownership

4 terms

Deferred Compensation Plan financial

"nature_of_ownership: "Deferred Compensation Plan""

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

indirect ownership financial

"ownership_type: "indirect" for Deferred Compensation Plan shares"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wallace Peter C

(Last) (First) (Middle)

ONE APPLIED PLAZA

(Street)

CLEVELAND OHIO 44115

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
APPLIED INDUSTRIAL TECHNOLOGIES INC [ AIT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		5.865	A	$282.58	3,253.03	I	Deferred Compensation Plan
Common Stock								24,179	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Patricia A. Comai, POA for Peter C. Wallace	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AIT director Peter C. Wallace report?

Peter C. Wallace reported receiving 5.865 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock as a grant or award. The shares were acquired at $282.58 per share and are held indirectly through a Deferred Compensation Plan, according to the Form 4 filing.

How many AIT shares did Peter C. Wallace acquire in this Form 4 filing?

He acquired 5.865 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. The transaction is coded as a grant, award, or other acquisition and reflects compensation rather than an open-market purchase, increasing his indirect holdings in the Deferred Compensation Plan.

At what price per share were the new AIT shares recorded for Peter C. Wallace?

The 5.865 shares were recorded at $282.58 per share. This price is used for the grant or award transaction in the Form 4, reflecting the value assigned for the common stock credited to his Deferred Compensation Plan holdings.

How many AIT shares does Peter C. Wallace hold indirectly after this transaction?

After the grant, his indirect holdings through the Deferred Compensation Plan total 3,253.03 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. This figure represents the cumulative balance reported for that plan following the March 31, 2026 transaction.

How many AIT shares does Peter C. Wallace hold directly according to the Form 4?

He reports 24,179 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock held directly. This direct position is separate from the 3,253.03 shares held indirectly through the Deferred Compensation Plan noted in the same Form 4 filing.

Was the AIT Form 4 transaction an open-market buy or a compensation grant?

The transaction is classified as a grant, award, or other acquisition, not an open-market purchase. The 5.865 shares were credited at $282.58 per share to Peter C. Wallace’s Deferred Compensation Plan, reflecting compensation-related stock rather than a market trade.