Director at Applied Industrial (NYSE: AIT) awarded 572 shares
Rhea-AI Filing Summary
Applied Industrial Technologies director Vincent K. Petrella reported a stock award of 572 shares of common stock. The shares were granted on 01/20/2026 at a stated price of $0.00 per share as restricted stock under the company’s 2023 Long-Term Performance Plan.
According to the filing, these restricted shares vest one year from the grant date. After this award, Petrella directly beneficially owns 21,694.16 shares of Applied Industrial Technologies common stock.
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FAQ
What transaction did Applied Industrial Technologies (AIT) report in this Form 4?
The filing reports that director Vincent K. Petrella acquired 572 shares of Applied Industrial Technologies common stock as a stock award on 01/20/2026.
How many Applied Industrial Technologies (AIT) shares did Vincent K. Petrella receive and at what price?
Vincent K. Petrella received 572 shares of Applied Industrial Technologies common stock at a stated price of $0.00 per share, reflecting a grant of restricted stock.
What type of equity award did Vincent K. Petrella receive from AIT?
He received shares of restricted stock granted under Applied Industrial Technologies’ 2023 Long-Term Performance Plan, as noted in the footnote.
When do Vincent K. Petrella’s restricted shares in Applied Industrial Technologies vest?
The footnote states that the restricted stock shares vest one year from the date of the grant.
How many Applied Industrial Technologies (AIT) shares does Vincent K. Petrella own after this transaction?
Following the reported grant, Vincent K. Petrella beneficially owns 21,694.16 shares of Applied Industrial Technologies common stock directly.
What is Vincent K. Petrella’s relationship to Applied Industrial Technologies?
The filing identifies Vincent K. Petrella as a director of Applied Industrial Technologies and indicates he is not an officer or 10% owner.