Form 4: Applied Industrial Technologies Director Acquires Shares

Sentiment:

SEC Form 4 Filing


Peter C. Wallace, a director at Applied Industrial Technologies, acquired shares of common stock through a deferred compensation plan.

Summary

  • On September 30, 2024, Peter C. Wallace, a director of Applied Industrial Technologies, acquired 8.613 shares of common stock at a price of $205.12 per share.
  • The shares were acquired through a deferred compensation plan.
  • Following the transaction, Wallace directly owns 26,236 shares and indirectly owns 4,783.232 shares through the deferred compensation plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding the director's investment in the company.

Key Dates

DateDescription
09/30/2024Date of transaction: Peter C. Wallace acquired shares of common stock.
10/01/2024Date of signature: Power of Attorney signed by Patricia A. Comai.

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