Applied Industrial (AIT) Form 4 — 268 Shares Withheld for Taxes
Rhea-AI Filing Summary
Warren E. Hoffner III, VP and General Manager - Fluid Power, reported a Form 4 for Applied Industrial Technologies, Inc. (AIT) showing transactions dated 08/09/2025 relating to restricted stock units. The filing states that 268 shares were withheld by the registrant to satisfy tax withholding obligations on the vesting of restricted stock units at a price shown as $263.13. After the reported transaction, the filing shows 55,441 shares held directly and 452.243 shares held indirectly via a Retirement Savings Plan.
The form is signed by Patricia A. Comai as POA for Mr. Hoffner on 08/12/2025. The disclosure is limited to the withholding-for-taxes vesting event and does not include other transactions or company financial results.
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Insights
TL;DR: Routine tax-withholding on RSU vesting; modest change in direct holdings.
The Form 4 documents a standard practice where 268 shares were withheld to cover taxes when restricted stock units vested. The reported per-share value is shown as $263.13, and direct beneficial ownership after the event is 55,441 shares. This disclosure is procedural and does not indicate an open-market sale or acquisition that would change liquidity or signal a trading intent.
TL;DR: Insider filing reflects compensation settlement; no governance red flags.
The filing identifies Mr. Hoffner as an officer and documents withholding to satisfy tax obligations on vesting RSUs, with 268 shares withheld and an indirect holding noted via the Retirement Savings Plan (452.243 shares). The form is executed by a Power of Attorney, which is a common administrative practice. No departures, material transactions, or policy concerns are disclosed in this filing.