Wallace Peter C 4

What Happened Peter C. Wallace, a director of Applied Industrial Technologies, sold 5,000 shares in open-market transactions on February 26, 2026. The weighted-average sale price was $285.03 per share, for proceeds of approximately $1,425,150. This was a sale (S) — insider sales are often routine liquidity events and do not by themselves indicate a change in the insider’s view of the company.

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-02-27 (Form 4 reporting period 2026-02-26). Filing appears timely.
• Price(s): weighted average $285.03; actual trade prices ranged from $285.00 to $285.645 (see footnote).
• Shares sold: 5,000; Total proceeds: $1,425,150.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: weighted-average price reported; shares sold in multiple transactions at prices from $285.00 to $285.645.
• Transaction type code: S = Sale. No 10b5-1 plan, option exercise, or tax-withholding notation was reported in the excerpt.

Context This was an open-market sale by a company director. For retail investors, purchases can be more informative about insider conviction than routine sales, but tracking pattern and frequency of insider sales and buys over time is useful. This single sale does not on its own indicate company performance or strategy changes.