Applied Industrial (AIT) Form 4: Officer sale of 8,523 shares disclosed
Rhea-AI Filing Summary
Kurt W. Loring, Vice President and Chief HR Officer of Applied Industrial Technologies, reported a sale of 8,523 shares of Applied Industrial Technologies, Inc. (AIT) on 08/22/2025 at a weighted average price of $267.06 per share. After the reported transaction he beneficially owned 19,273 shares directly and 33.321 shares indirectly through a Retirement Savings Plan. The Form 4 was signed by Patricia A. Comai as POA on 08/25/2025.
Positive
- Insider transaction disclosed publicly through a timely Form 4 filing
- Sale price transparency provided via weighted average and price range explanation
Negative
- Reduction in direct insider holdings following the sale (8,523 shares sold)
- Transaction executed by POA, which may prompt investors to seek confirmation of intent (documented but not explained)
Insights
TL;DR: Routine insider sale disclosed; not itself a material corporate event.
The filing documents an open-market sale of 8,523 shares by an officer at a weighted average price of $267.06 per share, with post-sale direct ownership of 19,273 shares and indirect holdings through a retirement plan. This is a standard Section 16 disclosure that provides transparency on insider transactions. There is no additional company operational or financial information in the filing to suggest a material change to the business.
TL;DR: Disclosure complies with Section 16; sale occurred and was reported via POA.
The Form 4 shows the reporting person is an officer and that the signature was executed by a power of attorney. The report includes transaction code S indicating a sale and an explanatory remark that the reported price is a weighted average from multiple transactions. From a governance perspective the filing appears complete and identifies direct and indirect holdings, supporting insider transaction transparency.