Form 4: Director Andrews Receives AIT Restricted Stock Grant

Applied Industrial Technologies Director Madhuri A. Andrews was granted 572 shares of restricted common stock, vesting in one year.

Summary

• Madhuri A. Andrews, a Director of Applied Industrial Technologies Inc. (AIT), acquired 572 shares of common stock.
• The transaction occurred on January 20, 2026, and was reported on January 21, 2026.
• These shares were granted under the 2023 Long-Term Performance Plan.
• The acquired shares are restricted stock and will vest one year from the grant date, on January 20, 2027.
• The acquisition price for these shares was $0.
• Following this transaction, Madhuri A. Andrews beneficially owns a total of 8,796 shares of AIT common stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects routine, performance-aligned compensation for a director, which generally indicates good corporate governance and aligns management interests with shareholders. It is not highly impactful but is a standard positive signal.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders, promoting long-term value creation.
• The transaction is part of a routine compensation plan (2023 Long-Term Performance Plan), indicating stable corporate governance practices.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The grant of restricted stock to a director helps align their long-term interests with those of the shareholders, potentially encouraging decisions that enhance shareholder value.

Next Steps

• The 572 shares of restricted stock will vest on January 20, 2027, at which point they will become fully owned by the director.

Key Dates

Recommendation

This Form 4 filing reports a routine restricted stock grant to a director as part of a compensation plan. Such a transaction is a standard corporate event and does not provide new information that would fundamentally alter the investment thesis for Applied Industrial Technologies Inc. Therefore, a 'hold' recommendation is appropriate, as this filing alone does not warrant a change in investment strategy.

Keywords

AIT, Applied Industrial Technologies, Form 4, Insider Transaction, Restricted Stock, Director Compensation, Equity Grant