Applied Industrial Technologies (AIT) director awarded 572 restricted shares
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 572 | $0.00 | -- |
Footnotes (1)
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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.
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.