AIT director sells 5,000 shares at $285.03
APPLIED INDUSTRIAL TECHNOLOGIES INC director Peter C. Wallace reported an open-market sale of 5,000 shares of Common Stock.
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Rhea-AI Filing Summary
APPLIED INDUSTRIAL TECHNOLOGIES INC director Peter C. Wallace reported an open-market sale of 5,000 shares of Common Stock. The shares were sold on February 26, 2026 at a weighted average price of $285.03 per share, with individual trade prices ranging from $285.00 to $285.645.
After this transaction, Wallace directly holds 24,179 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. He also has an additional 3,247.165 shares reported as indirectly held through a Deferred Compensation Plan, reflecting equity accumulated in that plan rather than a new market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $285.03 | $1.43M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.00 to $285.645, inclusive.
FAQ
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What did AIT director Peter C. Wallace report in this Form 4 filing?
Was the AIT insider transaction a buy or a sell?
What does the weighted average price mean in the AIT Form 4 filing?
What is the significance of the Deferred Compensation Plan in Peter C. Wallace’s AIT holdings?
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