Applied Industrial (AIT) VP logs 220-share tax withholding, holds 14,271 shares
Rhea-AI Filing Summary
APPLIED INDUSTRIAL TECHNOLOGIES INC officer Jason W. Vasquez, VP-Sales & Marketing-USSC, reported a Form 4 transaction involving company common stock. On 2026-08-08, 220 shares of common stock at $359.90 per share were withheld by the company to satisfy tax withholding obligations on the vesting of restricted stock units, rather than sold in the open market. Following this tax-withholding disposition, Vasquez directly held 14,271 shares of common stock. In addition, he reported indirect ownership of 885.459 shares of common stock held through a Retirement Savings Plan.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 220 shares
Net Sell
2 txns
Insider
Vasquez Jason W
Role
VP-Sales & Marketing-USSC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 220 | $359.90 | $79K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,271 shares (Direct);
Common Stock — 885.459 shares (Indirect, Retirement Savings Plan)
Footnotes (1)
- F1. Shares withheld by Registrant to satisfy tax withholding obligations on vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 220 shares
Per-share value for withholding: $359.90 per share
Direct holdings after transaction: 14,271 shares
+1 more
4 metrics
Shares withheld for taxes
220 shares
Common stock withheld on 2026-08-08 to satisfy tax withholding obligations
Per-share value for withholding
$359.90 per share
Value applied to 220 withheld common shares
Direct holdings after transaction
14,271 shares
Directly held common stock following the 2026-08-08 withholding
Indirect plan holdings
885.459 shares
Common stock held indirectly via Retirement Savings Plan
Key Terms
restricted stock units, Retirement Savings Plan, tax withholding obligations
3 terms
restricted stock units financial
"tax withholding obligations on vesting of restricted stock units"
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.
Retirement Savings Plan financial
"indirect ownership of 885.459 shares through a Retirement Savings Plan"
tax withholding obligations financial
"Shares withheld by Registrant to satisfy tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did AIT executive Jason W. Vasquez report on this Form 4?
Vasquez reported that 220 shares of APPLIED INDUSTRIAL TECHNOLOGIES INC common stock were withheld on 2026-08-08 to cover tax obligations from vesting restricted stock units, not as an open-market sale.
Was the AIT Form 4 transaction by Jason W. Vasquez an open-market sale?
No. The Form 4 footnote states the 220 shares were withheld by the registrant to satisfy tax withholding obligations on vesting restricted stock units, rather than being sold on the open market.
What position does Jason W. Vasquez hold at APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)?
Jason W. Vasquez is reported as an officer of APPLIED INDUSTRIAL TECHNOLOGIES INC, serving as VP-Sales & Marketing-USSC, and he filed this Form 4 regarding his equity holdings and tax-withholding transaction.