Form 4: Applied Industrial Technologies VP Sells Shares

Sentiment:

SEC Form 4 Filing


Jason W. Vasquez, VP of Sales & Marketing-USSC at Applied Industrial Technologies, sold 650 shares of common stock at a price of $196.7096 on May 20, 2024.

Summary

  • On May 20, 2024, Jason W. Vasquez, VP of Sales & Marketing-USSC at Applied Industrial Technologies, sold 650 shares of common stock.
  • The sale price was $196.7096 per share.
  • Following the transaction, Vasquez directly owns 22,960 shares of common stock.
  • Vasquez also indirectly owns 842.904 shares through a Retirement Savings Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The sale of shares by an insider could be interpreted in various ways, but without additional context, it's neither strongly positive nor negative.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale itself may or may not be indicative of the company's future performance.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholder sentiment.

Key Dates

DateDescription
05/20/2024Date of the stock sale transaction
05/21/2024Date of signature on the Form 4 filing

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