Pagano Robert J Jr 4

What Happened
Robert J. Pagano Jr., a director of Applied Industrial Technologies, was granted 572 shares of restricted stock on January 20, 2026. The award is recorded at $0.00 per share (total recorded value $0) because these are compensation shares granted under the company plan rather than an open-market purchase. This is an award/vesting-type transaction (not a buy or sell).

Key Details

• Transaction type/code: Award/Grant (A) — acquisition of restricted stock
• Transaction date: 2026-01-20; Form 4 filed 2026-01-21 (timely filing)
• Shares granted: 572; price reported: $0.00; reported acquisition value: $0
• Vesting: Per footnote, these restricted shares are granted under the 2023 Long-Term Performance Plan and vest one year from the grant date (i.e., around Jan 20, 2027)
• Shares owned after transaction: Not specified in the provided filing
• No 10b5-1 plan, tax-withholding, or late-filing notes were disclosed in the provided data

Context
Restricted stock awards are typically part of director/executive compensation and vest over time; they do not indicate an immediate buy or sell signal. Because these shares vest in one year, they are subject to forfeiture or restrictions until vesting per the LTIP terms.