Hoffner Warren E III 4
Research Summary
AI-generated summary
Applied Industrial (AIT) VP Warren Hoffner Sells 4,000 Shares
What Happened
Warren E. Hoffner III, Vice President and General Manager — Fluid Power at Applied Industrial Technologies (AIT), sold 4,000 shares on February 6, 2026. The shares were disposed at $292.64 each, generating total proceeds of $1,170,560. This was a sale (not a purchase or option exercise) and is typically treated as routine insider selling rather than a direct bullish signal.
Key Details
- Transaction date: 2026-02-06
- Transaction type/code: Sale (S) — listed as "open market or private sale" on the Form 4
- Price per share: $292.64
- Total proceeds: $1,170,560
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnotes/plan info: no 10b5-1 plan, tax withholding, or other special footnotes noted in the provided data
- Filing date: 2026-02-10 — filed within the typical two-business-day window (timely)
Context
Sales by executives can be for many personal or tax-planning reasons and do not, by themselves, indicate a change in view on company prospects. Purchases generally carry more weight as affirmative insider signals; this filing documents a routine insider sale.