Form 4: Applied Industrial Technologies Director Acquires Shares
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
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Peter C. Wallace acquired shares of common stock. |
| 10/01/2024 | Date of signature: Power of Attorney signed by Patricia A. Comai. |
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