Applied Industrial (AIT) Director Pamela Tomczik Receives 234-Share Award

What Happened Pamela J. Tomczik, a director of Applied Industrial Technologies, was granted 234 restricted shares (transaction code A) on 2026-08-11. The filing reports $0.00 paid for the award (a compensation grant rather than an open‑market purchase or sale). This is an equity compensation award, not a sale; such grants are typically part of executive/director pay and are not a direct market signal like a purchase or sale.

Key Details

• Transaction date: 2026-08-11; Filing date (Form 4): 2026-08-13 (appears timely — within the usual 2‑business‑day requirement).
• Shares granted: 234 restricted shares; reported acquisition price: $0.00; reported cash value in filing: $0.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Shares are restricted stock granted under the 2023 Long‑Term Performance Plan and vest one year from the grant date (per footnote F1).
• Transaction type: Award/Grant (code A) — no open‑market purchase or sale and no tax withholding or 10b5‑1 plan noted in the excerpt.

Context Restricted stock grants are common compensation/retention tools; the recipient typically gains full ownership only after the vesting period (here, one year). Because this is a compensation award reported at $0 paid, it should be viewed as routine director pay rather than a direct buy/sell signal about the insider’s market view.