Schrimsher Neil A 4

What Happened

• Neil A. Schrimsher, President, CEO and Director of Applied Industrial Technologies, sold a total of 19,207 shares in open-market transactions on 2026-02-04 (transaction code S — sale). The sales generated aggregate proceeds of approximately $5,490,274.
• Individual transactions reported:
  • 8,634 shares at a weighted average price of $284.49 — $2,456,287 (F1)
  • 1,740 shares at a weighted average price of $285.39 — $496,579 (F2)
  • 2,996 shares at a weighted average price of $286.45 — $858,204 (F3)
  • 4,544 shares at a weighted average price of $287.51 — $1,306,445 (F4)
  • 1,293 shares at a weighted average price of $288.29 — $372,759 (F5)
• These were sales (not purchases or option exercises), which are commonly routine liquidity transactions by executives.

Key Details

• Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (filed timely).
• Aggregate shares sold: 19,207; aggregate proceeds: ~$5.49 million.
• Reported prices are weighted averages; per-footnote trade price ranges:
  • F1: $284.00–$284.995
  • F2: $285.00–$285.95
  • F3: $286.00–$286.905
  • F4: $287.035–$287.99
  • F5: $288.12–$288.49
• Shares owned after the transactions: not specified in the provided summary of the filing.
• Transaction code: S = Sale (open market). No indication in the provided data of a 10b5-1 plan, gift, or tax-withholding event.

Context

• Sales by executives can be for many reasons (liquidity, diversification, tax planning) and do not necessarily indicate a change in company outlook; this summary is factual and does not speculate on motive.
• For retail investors, purchases are often more indicative of insider confidence; these are open-market sales and should be interpreted accordingly.