Kurt W. Loring - 23 Aug 2024 Form 4 Insider Report for APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)

Role
VP-Chief HR Officer
Signature
/s/ Patricia A. Comai POA for Kurt Loring
Issuer symbol
AIT
Transactions as of
23 Aug 2024
Net transactions value
-$1,558,830
Form type
4
Filing time
27 Aug 2024, 16:57:05 UTC
Previous filing
15 Aug 2024
Next filing
04 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIT Common Stock Sale $703,561 -3,366 -15% $209.02 19,315 23 Aug 2024 Direct F1
transaction AIT Common Stock Options Exercise $421,960 +11,000 +57% $38.36 30,315 23 Aug 2024 Direct
transaction AIT Common Stock Tax liability $1,277,229 -6,142 -20% $207.95 24,173 23 Aug 2024 Direct F2
holding AIT Common Stock 33 23 Aug 2024 Retirement Savings Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIT Stock Appreciation Rights Options Exercise $0 -11,000 -100% $0.000000 0 23 Aug 2024 Common Stock 11,000 $38.36 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.38 to $209.19, inclusive.
F2 Shares withheld by Registrant to cover the cost of exercising stock appreciation rights and to satisfy tax withholding obligations.