Form 4: Applied Industrial Technologies Director Peter Wallace Receives Scheduled Deferred Compensation Distribution

Applied Industrial Technologies Director Peter C. Wallace received a scheduled distribution of 1,571 shares of common stock from his Deferred Compensation Plan, moving them from indirect to direct beneficial ownership.

Summary

• Peter C. Wallace, a Director of Applied Industrial Technologies Inc. (AIT), received a scheduled distribution of common stock from his Deferred Compensation Plan for Non-Employee Directors.
• On July 12, 2025, 1,571 shares of common stock, valued at $253.11 per share, were disposed from his indirect beneficial ownership within the Deferred Compensation Plan.
• Concurrently, 1,571 shares of common stock were acquired into his direct beneficial ownership at the same price of $253.11 per share.
• Following these transactions, Peter C. Wallace directly owns 28,491 shares and indirectly owns 3,237.212 shares through the Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The transaction is a routine, scheduled distribution of deferred compensation, which is neutral in terms of company sentiment. It reflects a pre-existing compensation arrangement rather than a new strategic or financial event.

Positives

• The transaction represents a routine, scheduled distribution of previously earned compensation, indicating adherence to established corporate compensation plans.

Negatives

• No negative implications for the company's operations or financial health are indicated by this routine transaction.

Risks

• No specific risks related to the company's operations, financial health, or future prospects are disclosed in this Form 4 filing.

Future Outlook

This Form 4 filing pertains to a routine insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• No notable quotes or paraphrased statements from company management are included in this Form 4 filing, beyond the signature of the Power of Attorney for the reporting person.

Industry Context

This Form 4 filing details a routine insider transaction related to a director's compensation plan and does not provide information relevant to broader industry trends or competitive dynamics within the industrial technologies sector.

Comparison to Industry Standards

• This Form 4 filing reports a standard insider transaction (distribution from a deferred compensation plan) and does not contain information that allows for a direct comparison to specific industry benchmarks, comparable companies, or project results.

Stakeholder Impact

• Shareholders: The transaction is a routine reclassification of a director's existing equity holdings and does not directly impact the company's outstanding share count or shareholder value.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• No specific future actions, events, or milestones for the company are mentioned in this Form 4 filing.

Key Dates

Keywords

Applied Industrial Technologies, AIT, Peter C. Wallace, Director, SEC Form 4, Insider Transaction, Deferred Compensation Plan, Stock Distribution, Beneficial Ownership