Applied Industrial (AIT) Form 4: Kurt Loring reports SAR exercise and share withholding

Rhea-AI Filing Summary

Kurt W. Loring, listed as a director and VP–Chief HR Officer of Applied Industrial Technologies, reported transactions on 08/20/2025 in AIT common stock. The filing shows the exercise of stock appreciation rights resulting in acquisition of 12,100 shares at a price tied to $48.19, and a separate reported disposition of 4,480 shares at $262.46. Following these transactions the filing lists 32,276 shares beneficially owned after the acquisition and 27,796 after the disposition. The filing notes shares were withheld to cover exercise costs and tax withholding obligations and includes an indirect holding identified with a retirement savings plan.

Positive

• Transparent disclosure of exercise and disposition quantities, prices, and resulting beneficial ownership counts
• Notes that shares were withheld to cover exercise costs and tax withholding, clarifying the nature of the disposition

Negative

• Insider disposition of 4,480 shares reported on 08/20/2025 (transaction code F), which reduces direct holdings
• Filing lacks contextual detail about the rationale or timing beyond withholding and standard exercise mechanics

Insights

Securities Analyst

TL;DR: Insider exercised SARs and disposed of shares; transactions appear routine and disclosed in accordance with Section 16.

The Form 4 documents an exercise of stock appreciation rights that produced 12,100 common shares (transaction code M) and a reported disposition of 4,480 common shares (transaction code F) on 08/20/2025. The filing explicitly states shares were withheld to satisfy exercise costs and tax withholding. Ownership counts before and after each transaction are provided, and an indirect holding is disclosed via a retirement savings plan. These are typical insider compensation-related transactions; the filing provides the specific quantities and prices but does not include any additional context about timing or motivation beyond withholding for taxes.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported transactions and shows standard withholding to cover taxes.

The report is filed by one reporting person and is signed by a POA. It shows both the grant/exercise-related acquisition (SARs) and a related disposition, with explicit notes that shares were withheld to cover exercise costs and tax withholding obligations. The form identifies the reporting person's roles with the issuer and lists direct and indirect holdings, including a retirement savings plan. From a governance perspective, the document meets reporting requirements by showing transaction codes, quantities, prices, and resulting beneficial ownership counts.

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 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP-Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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	08/20/2025		M		12,100	A	$48.19	32,276	D
Common Stock	08/20/2025		F		4,480(1)	D	$262.46	27,796	D
Common Stock								33.321	I	Retirement Savings 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
Stock Appreciation Rights	$48.19	08/20/2025		M			12,100	08/11/2017	08/11/2026	Common Stock	12,100	$0	0	D

Explanation of Responses:

1. Shares withheld by Registrant to cover the cost of exercising stock appreciation rights and to satisfy tax withholding obligations.

Remarks:

	/s/ Patricia A. Comai POA for Kurt Loring	08/22/2025
	** 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

Who filed this Form 4 for AIT?

Kurt W. Loring, identified as a director and VP–Chief HR Officer of Applied Industrial Technologies, Inc., filed the Form 4 (signed by POA Patricia A. Comai).

What transactions are reported on the AIT Form 4 dated 08/20/2025?

An exercise of stock appreciation rights resulting in acquisition of 12,100 shares (code M) and a reported disposition of 4,480 shares (code F), both dated 08/20/2025.

At what prices were the AIT transactions reported?

The Form 4 lists a price of $48.19 associated with the 12,100-share transaction and $262.46 associated with the 4,480-share disposition.

How many AIT shares does the filing show after the transactions?

The filing shows 32,276 shares beneficially owned following the acquisition transaction and 27,796 following the disposition.

Was any withholding or tax action disclosed in the Form 4?

Yes. The filing states that shares were withheld by the registrant to cover the cost of exercising stock appreciation rights and to satisfy tax withholding obligations.