STOCK TITAN

Director Peter C. Wallace sells AIT (AIT) stock in $285 open-market trade

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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*
Wallace Peter C

(Last) (First) (Middle)
ONE APPLIED PLAZA

(Street)
CLEVELAND OH 44115

(City) (State) (Zip)
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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/26/2026 S 5,000 D $285.03(1) 24,179 D
Common Stock 3,247.165 I Deferred Compensation 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. 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.
Remarks:
/s/ Patricia A. Comai, POA for Peter C. Wallace 02/27/2026
** 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.

FAQ

What did AIT director Peter C. Wallace report in this Form 4 filing?

Peter C. Wallace reported selling 5,000 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. The sale was an open-market transaction and is disclosed as a routine insider trade with updated post-transaction share holdings.

How many AIT shares did Peter C. Wallace sell and at what price?

He sold 5,000 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. The weighted average sale price was $285.03 per share, with individual trades executed between $285.00 and $285.645, according to the disclosed price range.

How many AIT shares does Peter C. Wallace own after this transaction?

After the reported sale, Peter C. Wallace directly holds 24,179 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. He also has 3,247.165 additional shares reported as indirectly held through a Deferred Compensation Plan arrangement.

Was the AIT insider transaction a buy or a sell?

The transaction reported by Peter C. Wallace was a sale of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock. It is classified as an open-market sale, indicating shares were sold into the market rather than acquired.

What does the weighted average price mean in the AIT Form 4 filing?

The weighted average price of $285.03 reflects multiple trades executed at prices between $285.00 and $285.645. Rather than listing each trade, the filing provides this average figure along with the full price range for the sold AIT shares.

What is the significance of the Deferred Compensation Plan in Peter C. Wallace’s AIT holdings?

The Deferred Compensation Plan represents 3,247.165 indirectly held AIT shares for Peter C. Wallace. These shares reflect equity credited within the plan, supplementing his directly held 24,179 shares after the reported open-market sale.
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10.58B
37.01M
Industrial Distribution
Wholesale-machinery, Equipment & Supplies
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United States
CLEVELAND