Hall Mary Dean 4

What Happened

• Mary Dean Hall, a director of Applied Industrial Technologies, was granted 572 shares of restricted stock on 2026-01-20. The Form 4 reports the transaction price as $0.00 (this is a non‑cash award/grant, not a market purchase or sale). Footnote indicates these shares were granted under the 2023 Long‑Term Performance Plan and vest one year from the grant date.

Key Details

• Transaction date: 2026-01-20; Filing date: 2026-01-21 (timely filing).
• Reported price: $0.00 (award/grant).
• Shares granted: 572 restricted shares.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 — Shares vest one year from the grant under the 2023 Long‑Term Performance Plan.
• Transaction code: A = Award/Grant.

Context

• Restricted stock grants are a common form of director/executive compensation and typically vest over time; they are not an immediate cash purchase or sale and do not necessarily signal short‑term trading intent.
• Because these shares vest in one year, they may encourage retention and align the director’s interests with long‑term shareholder value.