Applied Industrial (AIT) CEO has 2,161 shares withheld to cover tax liability

Rhea-AI Filing Summary

APPLIED INDUSTRIAL TECHNOLOGIES INC reports that President and CEO Neil A. Schrimsher had 2,161 shares of common stock withheld on 2026-08-08 to satisfy tax withholding obligations upon vesting of restricted stock units at a reference price of $359.90 per share. After this tax-withholding disposition, he directly holds 128,367 shares of common stock and indirectly holds 439.9 shares through a Retirement Savings Plan.

Insider Trade Summary

Net Seller: 2,161 shares

Net Sell 2 txns

Insider Schrimsher Neil A

Role President and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	2,161	$359.90	$778K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 128,367 shares (Direct); Common Stock — 439.9 shares (Indirect, Retirement Savings Plan)

Footnotes (1)

1. F1. Shares withheld by Registrant to satisfy tax withholding obligations on vesting of restricted stock units.

Key Figures

Shares withheld for taxes: 2,161 shares Reference price per share: $359.90 Direct holdings after transaction: 128,367 shares +1 more

4 metrics

Shares withheld for taxes 2,161 shares Common stock withheld on 2026-08-08 to satisfy tax withholding obligations on RSU vesting

Reference price per share $359.90 Per-share value used for the 2,161-share tax-withholding disposition

Direct holdings after transaction 128,367 shares Direct AIT common stock held by Neil A. Schrimsher following the tax-withholding transaction

Indirect holdings after transaction 439.9 shares Indirect AIT common stock held through a Retirement Savings Plan after the reported date

Key Terms

restricted stock units, tax withholding obligations, Retirement Savings Plan

3 terms

restricted stock units financial

"tax withholding obligations on vesting of restricted stock units"

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.

tax withholding obligations financial

"Shares withheld by Registrant to satisfy tax withholding obligations"

Retirement Savings Plan financial

"indirect holdings through a Retirement Savings Plan"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/11/2026 - 04:19 PM Accepted by SEC EDGAR 08/11/2026 - 04:18 PM Learn about SEC filing dates

FAQ

What did AIT CEO Neil A. Schrimsher report in this Form 4?

Neil A. Schrimsher reported 2,161 AIT common shares withheld on 2026-08-08 to satisfy tax withholding obligations from vesting restricted stock units, rather than an open-market purchase or sale.

Was the AIT Form 4 transaction an open-market sale of shares?

No. The 2,161 shares were withheld to pay taxes on restricted stock unit vesting at $359.90 per share. This represents a tax-related disposition, not a discretionary open-market sale transaction.

How many AIT shares does Neil A. Schrimsher hold after the reported transaction?

After the tax-withholding disposition, Neil A. Schrimsher directly holds 128,367 AIT common shares and indirectly holds 439.9 shares through a Retirement Savings Plan, as reported in the filing.

What price per share is associated with the AIT tax-withholding transaction?

The tax-withholding disposition of 2,161 AIT shares is reported at $359.90 per share. This price is used to value the shares withheld to satisfy the executive’s tax withholding obligations on RSU vesting.

How many AIT shares were used to satisfy Neil A. Schrimsher’s tax obligations?

The filing shows that 2,161 shares of AIT common stock were withheld by the registrant to satisfy tax withholding obligations arising from the vesting of restricted stock units.

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^*

Schrimsher Neil A

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

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

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	08/08/2026		F		2,161(1)	D	$359.9	128,367	D
Common Stock								439.9	I	Retirement Savings Plan

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:

1. Shares withheld by Registrant to satisfy tax withholding obligations on vesting of restricted stock units.

Remarks:

	/s/Patricia A. Comai POA for Neil A. Schrimsher	08/11/2026
	** 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)