AIT insider transfers 26,671 shares to exchange fund at $262.46

Rhea-AI Filing Summary

On August 21, 2025, Neil A. Schrimsher, President and CEO and a director of Applied Industrial Technologies, made an irrevocable contribution of 26,671 shares of Applied Industrial Technologies common stock to an exchange fund, valued at the closing price on the business day before the fund accepted the shares (reported price $262.46). After the reported transaction, Mr. Schrimsher directly beneficially owned 149,735 shares and indirectly held 436.903 shares through the company retirement savings plan. The Form 4 was signed by a power of attorney on August 22, 2025.

Positive

• Transparent disclosure of the transaction details including date, number of shares, and post-transaction ownership
• Disposition via exchange fund (rather than open-market sale) may indicate tax or diversification planning rather than immediate liquidity-driven selling

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider contribution to an exchange fund; modest reduction in direct holdings, no change to role or control.

The filing documents an insider transfer of 26,671 shares into an exchange fund, recorded as a disposition at the reported per-share value. This is an administrative/portfolio-management action rather than a sale to the market, so immediate market-sentiment impact is likely limited. Post-transaction direct ownership of 149,735 shares remains disclosed, with a small indirect holding via the retirement plan. No options or derivative transactions are reported, and there are no disclosures of unusual financing or compensation events.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported transfer; transaction appears consistent with diversification or estate planning.

The Form 4 provides the required details: relationship to issuer, transaction date, amount disposed, and resulting beneficial ownership. The use of an exchange fund and an irrevocable contribution is noted in the explanation, and the form was executed by a POA. There is no indication of change in executive status or related-party arrangements; governance implications are minimal based on the information provided.

Insider Trade Summary

Net Seller: 26,671 shares

Net Sell 2 txns

Insider Schrimsher Neil A

Role President and CEO

Sold 26,671 shs ($7.00M)

Type	Security	Shares	Price	Value
Sale	Common Stock	26,671	$262.46	$7.00M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 149,735 shares (Direct); Common Stock — 436.903 shares (Indirect, Retirement Savings Plan)

Footnotes (1)

1. F1. On August 21, 2025, the reporting person made an irrevocable contribution of Common Stock to an exchange fund in exchange for shares of the exchange fund. The Common Stock was valued at the closing price on the business day immediately preceding the day on which the shares were accepted by the exchange fund.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Neil A. Schrimsher report on Form 4 for AIT?

The Form 4 reports an irrevocable contribution of 26,671 AIT shares to an exchange fund on 08/21/2025, recorded as a disposition at the reported price of $262.46 per share.

How many AIT shares does Neil A. Schrimsher own after the transaction?

After the reported transaction he directly beneficially owns 149,735 shares and indirectly holds 436.903 shares through the retirement savings plan.

Was this a market sale reported on the Form 4 for AIT?

No. The filing describes an irrevocable contribution to an exchange fund, which is recorded as a disposition but is not an open-market sale.

When was the Form 4 signed and filed for this AIT transaction?

The Form 4 signature block shows a power of attorney signed on 08/22/2025 for Neil A. Schrimsher.

Did the filing disclose any derivative transactions or option exercises for AIT?

No derivative securities, options, or exercises are reported in Table II of this Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/22/2025 - 05:01 PM Learn about SEC filing dates

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^*

Schrimsher Neil 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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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	08/21/2025		S(1)		26,671	D	$262.46	149,735	D
Common Stock								436.903	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

Explanation of Responses:

1. On August 21, 2025, the reporting person made an irrevocable contribution of Common Stock to an exchange fund in exchange for shares of the exchange fund. The Common Stock was valued at the closing price on the business day immediately preceding the day on which the shares were accepted by the exchange fund.

Remarks:

	/s/Patricia A. Comai POA for Neil A. Schrimsher	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.