Form 4: Applied Industrial Technologies Director Acquires Shares Under Long-Term Performance Plan

Joe Anthony Raver, a director at Applied Industrial Technologies, acquired 562 shares of common stock on January 23, 2025, as part of the company's 2023 Long-Term Performance Plan.

Summary

• On January 23, 2025, Joe Anthony Raver, a director of Applied Industrial Technologies Inc., acquired 562 shares of common stock.
• The acquisition was made under the company's 2023 Long-Term Performance Plan.
• The shares were acquired at a price of $0.
• Following the transaction, Raver directly owns 13,099 shares of Applied Industrial Technologies Inc.
• The restricted stock vests one year from the grant date.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing related to stock transactions by a company director. It doesn't inherently convey strong positive or negative sentiment, but rather reflects routine corporate governance.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates