Form 4: AIT Director Raver Granted Restricted Stock

Applied Industrial Technologies Director Joe Anthony Raver received a grant of 572 shares of restricted common stock under the company's 2023 Long-Term Performance Plan.

Summary

• Joe Anthony Raver, a Director of Applied Industrial Technologies Inc. (AIT), acquired 572 shares of common stock.
• The transaction occurred on January 20, 2026.
• These shares are restricted stock granted under the 2023 Long-Term Performance Plan.
• The granted shares will vest one year from the date of the grant.
• Following this transaction, Joe Anthony Raver beneficially owns 13,671 shares of common stock.
• The acquisition price for these shares was $0, indicating a grant rather than a purchase.

Sentiment

Score: 6

Explanation: The grant of restricted stock to a director is a standard practice for aligning interests and retaining talent, which is generally a neutral to slightly positive signal for corporate governance and long-term stability. It does not indicate any immediate operational or financial changes.

Positives

• The grant of restricted stock aligns the director's interests with those of shareholders, as the value of the shares is tied to the company's performance.
• The transaction is part of the company's 2023 Long-Term Performance Plan, indicating a structured approach to executive compensation and retention.

Negatives

• No negative aspects are directly indicated by this routine insider transaction filing.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This routine insider transaction reflects standard executive compensation practices within the industrial distribution sector, where equity grants are common for aligning director and executive interests with long-term company performance.

Stakeholder Impact

• Shareholders: Minor positive impact due to increased alignment of a director's interests with long-term shareholder value through equity ownership.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The 572 shares of restricted stock granted on January 20, 2026, will vest one year from the grant date.

Key Dates

Keywords

Applied Industrial Technologies, AIT, Form 4, Insider Transaction, Restricted Stock, Equity Grant, Director Compensation, Long-Term Performance Plan