Form 4: Applied Industrial Technologies Director Acquires Shares of Common Stock

Shelly Marie Chadwick, a director at Applied Industrial Technologies, acquired 562 shares of common stock on January 23, 2025.

Summary

• On January 23, 2025, Shelly Marie Chadwick, a director of Applied Industrial Technologies Inc., acquired 562 shares of common stock.
• The shares were acquired at a price of $0.
• Following the transaction, Chadwick directly owns 3,084 shares of Applied Industrial Technologies Inc. common stock.
• The shares of restricted stock were granted under the 2023 Long-Term Performance Plan and vest one year from the date of the grant.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition. While insider buying can be seen as positive, it's a small transaction and doesn't necessarily indicate a strong bullish signal.

Positives

• A director increasing their holdings in the company can be seen as a positive signal.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which can be interpreted in various ways by the market.

Key Dates