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

Rhea-AI Filing Summary

APPLIED INDUSTRIAL TECHNOLOGIES INC VP-Chief HR Officer Kurt W. Loring reported multiple equity awards dated 2026-08-11. He received 458 restricted stock units that vest in three years, 1,294 performance shares banked for a three-year program, and 1,514 stock-only stock appreciation rights exercisable at $352.35 per share, vesting 25% annually starting one year after grant and expiring in 2036. In a related move, 628 common shares were withheld to satisfy tax withholding obligations on vesting performance shares.

Insider Trade Summary

Net Buyer: 1,124 shares

Net Buy 4 txns

Insider Loring Kurt W.

Role VP-Chief HR Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Appreciation Rights F4	1,514	$0.00	$0.00
Grant/Award	Common Stock F1	458	$0.00	$0.00
Grant/Award	Common Stock F2	1,294	$0.00	$0.00
Tax Withholding	Common Stock F3	628	$352.35	$221K

Holdings After Transaction: Stock Appreciation Rights — 1,514 shares (Direct); Common Stock — 19,992 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

Restricted stock units granted: 458 shares Performance shares banked: 1,294 shares Stock appreciation rights granted: 1,514 rights +4 more

7 metrics

Restricted stock units granted 458 shares RSUs vest three years from 2026-08-11 and are settled in common stock

Performance shares banked 1,294 shares Banked from 2026 performance; vest at end of three-year program

Stock appreciation rights granted 1,514 rights Stock-only SARs granted 2026-08-11 on Applied common stock

SAR exercise price $352.35 per share Exercise price for 1,514 stock-only stock appreciation rights

SAR expiration date 2036-08-11 Expiration of stock-only stock appreciation rights granted 2026-08-11

Shares withheld for taxes 628 shares Common shares withheld to satisfy tax withholding on vesting performance shares

SARs following transaction 1,514 rights Total stock appreciation rights held after the reported grant

Key Terms

Restricted stock units, Performance shares, Stock appreciation rights, tax withholding obligations

4 terms

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.

Stock appreciation rights financial

"Stock-only stock appreciation rights which become exercisable"

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.

tax withholding obligations financial

"Shares withheld by Registrant to satisfy tax withholding obligations"

FAQ

What equity awards did AIT executive Kurt W. Loring receive on 2026-08-11?

On 2026-08-11, Kurt W. Loring received 458 restricted stock units, 1,294 performance shares banked from 2026 performance, and 1,514 stock-only stock appreciation rights tied to Applied Industrial Technologies common stock.

How do Kurt W. Loring’s new stock appreciation rights at AIT vest?

The 1,514 stock-only stock appreciation rights become exercisable in 25% annual increments, starting one year after the 2026-08-11 grant date, and remain exercisable until their stated expiration date in 2036.

What is the exercise price of Kurt W. Loring’s stock appreciation rights at AIT?

Kurt W. Loring’s 1,514 stock-only stock appreciation rights have an exercise price of $352.35 per share, providing potential value based on future increases in Applied Industrial Technologies’ common stock price.

Why were 628 Applied Industrial Technologies shares disposed of in this Form 4 for AIT?

The 628 common shares reported with code F were withheld by Applied Industrial Technologies to satisfy tax withholding obligations arising from the vesting of performance shares, rather than being an open-market sale.

When do Kurt W. Loring’s restricted stock units at AIT vest?

The 458 restricted stock units granted to Kurt W. Loring vest three years from the 2026-08-11 grant date, after which they are settled in shares of Applied Industrial Technologies common stock.

What are the terms of Kurt W. Loring’s performance shares at AIT?

The 1,294 performance shares were “banked” based on 2026 performance, vest at the end of a three-year program, and are then settled in shares of Applied Industrial Technologies common stock.

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 08/13/2026 - 04:17 PM Accepted by SEC EDGAR 08/13/2026 - 04:15 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^*

Loring Kurt 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-Chief HR Officer

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		458(1)	A	$0	19,326	D
Common Stock	08/11/2026		A		1,294(2)	A	$0	20,620	D
Common Stock	08/11/2026		F		628(3)	D	$352.35	19,992	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		1,514		08/11/2027(4)	08/11/2036	Common Stock	1,514	$0	1,514	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 Kurt Loring	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)