STOCK TITAN

Applied Industrial Technologies (AIT) director awarded 572 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Applied Industrial Technologies director reports restricted stock grant

Director Madhuri A. Andrews reported receiving 572 shares of Applied Industrial Technologies common stock on January 20, 2026. The filing shows these shares as an acquisition at a price of $0 per share, reflecting an equity award rather than an open-market purchase. After this grant, Andrews beneficially owns 8,796 common shares, held directly. According to the footnote, the 572 shares are restricted stock granted under the company’s 2023 Long-Term Performance Plan and are scheduled to vest one year from the grant date, aligning her compensation with longer-term company performance.

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Insider Andrews Madhuri A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 572 $0.00 --
Holdings After Transaction: Common Stock — 8,796 shares (Direct)
Footnotes (1)
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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*
Andrews Madhuri A

(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)
01/20/2026
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 01/20/2026 A 572(1) A $0 8,796 D
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. Shares of restricted stock granted under the 2023 Long-Term Performance Plan that vest one year from the date of the grant.
Remarks:
/s/ Patricia A. Comai, POA for Madhuri A. Andrews 01/21/2026
** 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 insider transaction did AIT director Madhuri A. Andrews report?

Director Madhuri A. Andrews reported an award of 572 shares of Applied Industrial Technologies common stock, classified as an acquisition on January 20, 2026.

Was the AIT insider transaction a stock purchase or an equity award?

The transaction was an equity award. The 572 shares were granted at $0 per share as restricted stock under the 2023 Long-Term Performance Plan, not bought on the open market.

How many AIT shares does Madhuri A. Andrews own after this Form 4 transaction?

After the reported grant, Madhuri A. Andrews beneficially owns 8,796 shares of Applied Industrial Technologies common stock, held directly.

When do the restricted AIT shares granted to Madhuri A. Andrews vest?

The 572 restricted shares granted to Madhuri A. Andrews under the 2023 Long-Term Performance Plan are scheduled to vest one year from the grant date of January 20, 2026.

What role does Madhuri A. Andrews hold at Applied Industrial Technologies (AIT)?

In the Form 4, Madhuri A. Andrews is identified as a director of Applied Industrial Technologies and is not listed as an officer or 10% owner.

Is the AIT director’s Form 4 filing made on behalf of multiple reporting persons?

No. The filing is indicated as a Form filed by one reporting person, covering only Madhuri A. Andrews as the reporting insider.