Form 4: Director Robert Pagano Jr. Receives AIT Stock Grant

Applied Industrial Technologies Director Robert J. Pagano Jr. was granted 572 shares of restricted common stock under the company's 2023 Long-Term Performance Plan.

Summary

• Robert J. Pagano Jr., a Director of Applied Industrial Technologies Inc. (AIT), acquired 572 shares of common stock.
• The transaction occurred on January 20, 2026.
• These shares were granted as restricted stock under the company's 2023 Long-Term Performance Plan.
• The shares are scheduled to vest one year from the grant date.
• Following this transaction, Mr. Pagano directly beneficially owns 12,156 shares of AIT common stock.

Sentiment

Score: 6

Explanation: The grant of restricted stock to a director is a standard compensation practice, indicating continued alignment of management interests with shareholder value, which is generally a neutral to slightly positive event.

Positives

• Director Robert J. Pagano Jr. received a grant of 572 shares of restricted common stock, aligning his interests with long-term company performance.

Future Outlook

No specific forward-looking statements or guidance were provided in this filing, which primarily reports an insider transaction.

Industry Context

This filing reports a company-specific insider transaction related to executive compensation and does not directly relate to broader industry trends or competitor activities.

Corporate Governance

Related Party Transactions

• Grant of 572 shares of restricted common stock to Director Robert J. Pagano Jr. as part of the company's compensation plan, which is a standard related party transaction for executive compensation.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic decisions.
• Employees: This transaction reflects standard executive compensation practices within the company.

Next Steps

• The 572 shares of restricted stock are scheduled to vest one year from the grant date of January 20, 2026.

Key Dates

Recommendation

This Form 4 reports a routine grant of restricted stock to a director as part of their compensation package. Such an event is generally neutral for the stock's immediate outlook and does not provide new information warranting a change in investment recommendation.

Keywords

AIT, Applied Industrial Technologies, Form 4, insider transaction, stock grant, restricted stock, director compensation, equity award