Applied Industrial Technologies (AIT) VP granted SARs, RSUs and performance shares

Rhea-AI Filing Summary

APPLIED INDUSTRIAL TECHNOLOGIES executive Jason W. Vasquez, VP-Sales & Marketing-USSC, reported multiple equity awards on 2026-08-11. He received 1,240 Stock Appreciation Rights tied to common stock at a $352.35 exercise price, becoming exercisable in 25% annual increments starting one year after grant. He also acquired 375 restricted stock units that vest three years from grant and 1,028 performance shares banked for 2026 performance that vest at the end of a three-year program. In a related transaction, 341 common shares were withheld by the company to satisfy tax withholding obligations upon vesting of performance shares.

Insider Trade Summary

Net Buyer: 1,062 shares

Net Buy 4 txns

Insider Vasquez Jason W

Role VP-Sales & Marketing-USSC

Type	Security	Shares	Price	Value
Grant/Award	Stock Appreciation Rights F4	1,240	$0.00	$0.00
Grant/Award	Common Stock F1	375	$0.00	$0.00
Grant/Award	Common Stock F2	1,028	$0.00	$0.00
Tax Withholding	Common Stock F3	341	$352.35	$120K

Holdings After Transaction: Stock Appreciation Rights — 1,240 shares (Direct); Common Stock — 15,333 shares (Direct)

Footnotes (4)

1. F1. Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock.
2. F2. Performance shares "banked" as a result of 2026 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.
3. F3. Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares.
4. F4. Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.

Key Figures

Stock Appreciation Rights granted: 1,240 shares SAR exercise price: $352.35 per share SAR expiration date: 2036-08-11 +3 more

6 metrics

Stock Appreciation Rights granted 1,240 shares Stock Appreciation Rights granted on 2026-08-11 to Jason W. Vasquez

SAR exercise price $352.35 per share Exercise price for 1,240 Stock Appreciation Rights granted 2026-08-11

SAR expiration date 2036-08-11 Expiration of Stock Appreciation Rights granted 2026-08-11

Restricted stock units granted 375 units RSUs vest three years from 2026-08-11 and settle in common stock

Performance shares banked 1,028 shares Banked as a result of 2026 performance; vest at end of three-year program

Shares withheld for taxes 341 shares at $352.35 Common shares withheld to satisfy tax withholding on vesting performance shares

Key Terms

Stock Appreciation Rights, restricted stock units, performance shares, tax withholding obligations

4 terms

Stock Appreciation Rights financial

"Stock-only Stock Appreciation Rights which become exercisable in annual increments of 25%"

Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.

restricted stock units financial

"Restricted stock units that vest three years from the date of grant"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance shares financial

"Performance shares "banked" as a result of 2026 performance"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

tax withholding obligations financial

"Shares withheld by Registrant to satisfy tax withholding obligations on vesting"

FAQ

What equity awards did AIT executive Jason W. Vasquez receive on 2026-08-11?

On 2026-08-11, Jason W. Vasquez received 1,240 Stock Appreciation Rights, 375 restricted stock units, and 1,028 performance shares tied to Applied Industrial Technologies common stock, all as part of equity compensation awards.

What are the terms of the Stock Appreciation Rights granted to AIT’s Jason W. Vasquez?

He was granted 1,240 Stock Appreciation Rights with a $352.35 exercise price. These stock-only rights become exercisable in 25% annual increments beginning one year after the 2026-08-11 grant date and expire on 2036-08-11.

How do the restricted stock units granted to AIT’s Jason W. Vasquez vest?

The grant includes 375 restricted stock units that vest three years from the 2026-08-11 grant date. Upon vesting, they are settled in shares of Applied Industrial Technologies common stock, according to the footnote description.

What are the performance shares reported for AIT executive Jason W. Vasquez?

Vasquez reported 1,028 performance shares banked as a result of 2026 performance. These performance shares vest at the end of a three-year program and are then settled in shares of Applied Industrial Technologies common stock.

Why were 341 shares of AIT common stock withheld in Jason W. Vasquez’s Form 4?

The filing shows 341 common shares with transaction code F, described as shares withheld by the company to satisfy tax withholding obligations upon the vesting of performance shares, at a price of $352.35 per share.

Does AIT’s Form 4 for Jason W. Vasquez indicate any open-market stock sales or purchases?

No open-market purchases or sales are reported. The transactions consist of equity compensation grants (Stock Appreciation Rights, restricted stock units, performance shares) and shares withheld to cover tax obligations on vesting performance shares.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/13/2026 - 04:13 PM Accepted by SEC EDGAR 08/13/2026 - 04:11 PM Learn about SEC filing dates

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^*

Vasquez Jason W

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP-Sales & Marketing-USSC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

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	08/11/2026		A		375(1)	A	$0	14,646	D
Common Stock	08/11/2026		A		1,028(2)	A	$0	15,674	D
Common Stock	08/11/2026		F		341(3)	D	$352.35	15,333	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
Stock Appreciation Rights	$352.35	08/11/2026		A		1,240		08/11/2027(4)	08/11/2036	Common Stock	1,240	$0	1,240	D

Explanation of Responses:

1. Restricted stock units that vest three years from the date of grant and are settled in shares of Applied common stock.

2. Performance shares "banked" as a result of 2026 performance. Performance shares vest at end of three-year program and are settled in shares of Applied common stock.

3. Shares withheld by Registrant to satisfy tax withholding obligations on vesting of performance shares.

4. Stock-only stock appreciation rights which become exercisable in annual increments of 25% commencing one year after the date of grant.

Remarks:

	/s/ Patricia A . Comai, POA for Jason W. Vasquez	08/13/2026
	** 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)