Wallace Peter C 4

What Happened
Peter C. Wallace, a director of Applied Industrial Technologies, received an equity award (grant) of 5.46 shares on June 30, 2026. The award price is recorded at $303.81 per share, for a total value of approximately $1,659. This is an acquisition via grant (transaction code A), typically part of director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-30; Price per share: $303.81; Shares granted: 5.46; Total value: ~$1,659.
• Filing date (Form 4): 2026-07-01 — no late filing indicated in the report.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction type/code: A (grant/award/other acquisition). No footnotes (e.g., 10b5-1, tax withholding) were noted in the supplied details.

Context
Equity awards to directors are commonly part of regular compensation and do not necessarily signal a personal buy/sell decision. Because this is an awarded acquisition (not an open-market purchase), it should be viewed as routine compensation disclosure rather than a direct endorsement of the stock by the insider.