Applied Industrial director restructures 1,168 AIT shares
APPLIED INDUSTRIAL TECHNOLOGIES INC director Peter C. Wallace reported an internal restructuring of his holdings in company common stock.
Rhea-AI Filing Summary
APPLIED INDUSTRIAL TECHNOLOGIES INC director Peter C. Wallace reported an internal restructuring of his holdings in company common stock. A total of 584 shares were distributed from a Deferred Compensation Plan for Non-Employee Directors to him, reflected as matching "J" code entries in direct and indirect holdings. Following these entries, he holds 24,763 shares directly and 2,673.73 shares indirectly through the Deferred Compensation Plan. These are non-derivative, non-market transactions classified as other acquisitions or dispositions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 1,168 shares
Other
2 txns
Insider
Wallace Peter C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 584 | $327.39 | $191K |
| Other | Common Stock F1 | 584 | $327.39 | $191K |
Holdings After Transaction:
Common Stock — 2,673.73 shares (Indirect, Deferred Compensation Plan);
Common Stock — 24,763 shares (Direct)
Footnotes (1)
- F1. Represents distribution from Deferred Compensation Plan for Non-Employee Directors to reporting person.
Key Figures
Restructured Shares: 1,168 shares
Distribution from Plan: 584 shares
Reference Price: $327.39 per share
+3 more
6 metrics
Restructured Shares
1,168 shares
Total restructuringShares reported in transactionSummary for J-code transactions
Distribution from Plan
584 shares
Shares distributed from Deferred Compensation Plan for Non-Employee Directors
Reference Price
$327.39 per share
Transaction price per share for each J-code common stock entry
Direct Holdings After
24,763 shares
Common stock directly owned by Peter C. Wallace following the transaction
Indirect Holdings After
2,673.73 shares
Common stock indirectly owned via Deferred Compensation Plan following the transaction
Other Transactions Count
2
Number of J-code non-derivative restructuring transactions reported
Key Terms
Deferred Compensation Plan, non-derivative, indirect ownership, Other acquisition or disposition, +1 more
5 terms
Deferred Compensation Plan financial
"Represents distribution from Deferred Compensation Plan for Non-Employee Directors"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
non-derivative financial
"transaction_type": "non-derivative" for common stock entries"
indirect ownership financial
"direct_or_indirect": "I" with nature_of_ownership "Deferred Compensation Plan""
Other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AIT director Peter C. Wallace report?
Peter C. Wallace reported an internal restructuring of 1,168 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock, involving a 584-share distribution from a Deferred Compensation Plan and corresponding adjustments to his direct and indirect holdings, without any reported open-market buys or sells.
What are Peter C. Wallace’s direct AIT holdings after the reported transactions?
After the restructuring, Peter C. Wallace directly holds 24,763 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. This figure reflects his position following the J-code transaction classified as an other acquisition or disposition on July 12, 2026.
What are Peter C. Wallace’s indirect AIT holdings in the Deferred Compensation Plan?
Following the transaction, Wallace holds 2,673.73 shares of AIT common stock indirectly through a Deferred Compensation Plan. This position is reported as indirect ownership with code I, tied to the non-employee directors’ deferred compensation arrangement.
Did the AIT Form 4 for Peter C. Wallace report any open-market buys or sells?
No. The filing reports no open-market purchases or sales. Both entries use transaction code J, described as "Other acquisition or disposition," and are categorized as non-derivative restructuring transactions with a neutral net buy/sell direction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
