Simoncic Richard J 4

What Happened Richard J. Simoncic, a director of Applied Industrial Technologies, was granted 572 restricted shares on 2026-01-20. The filing reports an acquisition price of $0.00 (total reported value $0) for the award. The shares were granted under the company’s 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).
• Transaction type/code: Award/Grant (A).
• Shares granted: 572; reported acquisition price: $0.00.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Shares are restricted stock granted under the 2023 Long-Term Performance Plan and vest one year from the grant date.
• No 10b5-1 plan, tax-withholding, or late-filing indicators were noted in the provided information.

Context This was a compensation-related equity grant (restricted stock) rather than a market purchase or sale. Restricted shares typically vest after a set period or upon performance conditions and may be forfeited if conditions aren’t met, so such grants are part of routine executive/director compensation and do not by themselves indicate buying or selling intent.