Applied Industrial (NYSE: AIT) CFO sells 1,812 shares at $355
Rhea-AI Filing Summary
Applied Industrial Technologies Inc. (AIT) reported that Vice President-CFO & Treasurer David K. Wells sold common stock in an open-market or private transaction. On 2026-08-18, he sold 1,812 shares at a weighted average price of $355.0989 per share, with individual sale prices ranging from $355.03 to $355.33. Following this transaction, he directly held 32,050 shares of AIT common stock.
Positive
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Insights
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Insider Trade Summary
Net Seller: 1,812 shares
Net Sell
1 txn
Insider
Wells David K.
Role
Vice President-CFO & Treasurer
Sold
1,812 shs ($643K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,812 | $355.0989 | $643K |
Holdings After Transaction:
Common Stock — 32,050 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.03 to $355.33, inclusive. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 1,812 shares
Weighted average sale price: $355.0989 per share
Price range of sales: $355.03–$355.33 per share
+1 more
4 metrics
Shares sold
1,812 shares
Common Stock sold on 2026-08-18 by David K. Wells
Weighted average sale price
$355.0989 per share
Weighted average of multiple sale prices from $355.03 to $355.33
Price range of sales
$355.03–$355.33 per share
Range of individual transaction prices on 2026-08-18
Shares held after transaction
32,050 shares
Direct ownership by David K. Wells after the 1,812-share sale
Key Terms
weighted average price, open market or private transaction, beneficial ownership
3 terms
weighted average price financial
"The price reported reflects the <b>weighted average price</b> sale price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code "S" indicates a sale in an <b>open market or private transaction</b>."
beneficial ownership financial
"Information may be requested by any <b>security holder</b> regarding prices and shares, relating to beneficial ownership."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did AIT report for David K. Wells?
AIT reported that David K. Wells, Vice President-CFO & Treasurer, sold 1,812 shares of common stock on 2026-08-18 in an open-market or private transaction at a weighted average price of $355.0989 per share.
Was the AIT insider sale by David K. Wells under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox was not marked as affirmative, and no footnote indicates a trading plan. The sale is therefore not identified in the filing as being made pursuant to a Rule 10b5-1 trading plan.
What type of security did David K. Wells sell in the AIT Form 4?
David K. Wells sold Common Stock of Applied Industrial Technologies Inc. The Form 4 reports a non-derivative transaction involving 1,812 shares sold, with 32,050 shares remaining in his direct ownership after the sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.