Applied Industrial (AIT) Director Madhuri Andrews Receives Award

What Happened
Madhuri A. Andrews, a director of Applied Industrial Technologies, received a grant of 572 restricted shares on 2026-01-20. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share (no cash paid at grant).

Key Details

• Transaction date and price: 2026-01-20; 572 shares granted at $0.00 per share (code A).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: These are restricted stock awards granted under the 2023 Long-Term Performance Plan that vest one year from the grant date (vesting around 2027-01-20).
• Filing timeliness: Report filed 2026-01-21 for a 2026-01-20 transaction — appears to be filed promptly.

Context: This was a compensation-related restricted stock grant, not an open-market purchase or sale. Such awards are common for executives and directors; they do not necessarily signal an immediate change in insider sentiment because shares remain subject to vesting and company policies until vested.