Schrimsher Neil A

CEO Schrimsher sells 19.2K shares for $5.5M on 2026-02-04 at $285.85 blended average; stock now at $291.74.

Neil A Schrimsher, President and CEO, executed 5 separate sales totaling 19,207 shares for $5,490,273.87 on February 4, 2026, reducing his holdings from 149,735 to 130,528 shares (-12.8% reduction). The sales occurred at prices ranging from $284.49 to $288.29, with a blended average of $285.85, while the current market price stands at $291.74—meaning the shares have appreciated $5.89 per share since the sale. Across his cross-ticker track record, Schrimsher's 9 prior open-market sells have generated a modest average 90-day return of +8.1%, with a well-timed rate of 22.22%, and at Applied Industrial specifically, his 5 prior AIT sales show mixed timing (2 of 5 were well-timed at the 90-day mark). The sale occurs amid strong price momentum: the stock is at its 52-week high and has gained 11.9% over the past 30 days and 12.7% over 90 days, suggesting the insider liquidated a portion of holdings near peak valuation.

AIT CEO Schrimsher sold 26,671 shares for $7.0M at $262.46; holds 149,735 shares post-sale.

Schrimsher Neil A, President and CEO of Applied Industrial Technologies, executed a $7.0M open-market sale of 26,671 shares at $262.46 on August 21, 2025, reducing his holdings by 15.1%. His prior sales at AIT show mixed timing outcomes: five prior sales averaged +5.8% and +12.9% over 30 and 90 days respectively, with only 1 of 5 prior sales well-timed (90-day decline post-sale). The current stock price of $267.11 is 1.8% above the transaction price and 4.8% below the 52-week high, placing the sale in an elevated-valuation zone relative to the stock's recent range. His cross-ticker track record shows a 12.5% well-timed rate across 8 prior open-market sales (average 90-day return +10.0%), indicating historically poor timing of sell transactions. This sale carries moderate significance: it represents a substantial absolute dollar reduction in CEO equity stake, yet the company shows solid fundamentals (P/E 25.46, $1.2B quarterly revenue, +1.9% annual growth) and no evident operational crisis.

CEO Schrimsher sells 10,680 AIT shares at $269.18; retains 173,606 shares post-sale

CEO Neil A Schrimsher sold 10,680 shares at $269.18 on 2025-02-18, reducing his holdings by 5.8% from 184,286 to 173,606 shares. The sale occurred near the 52-week high ($280.49), with the stock now trading at $263.82, down 5.9% from peak. Schrimsher's prior trades at AIT show a pattern of selling before subsequent gains—all 5 prior sells at this ticker posted positive 90-day returns, with the two most recent sales (Aug 2024) followed by returns exceeding 30%. This sale departs from that pattern, occurring at elevated valuation (P/E 26.22) amid modest annual revenue growth of 1.5%. The timing and scale suggest a measured reduction rather than confidence in near-term appreciation.

AIT CEO Schrimsher sells 21,422 shares ($4.3M) at $202.37; post-sale holdings 184,286 shares (-10.4%)

Neil A Schrimsher, President and CEO, sold 21,422 shares of Applied Industrial Technologies on 2024-08-21 at $202.37, reducing holdings by 10.4% from 205,708 to 184,286 shares. The sale represents a material disposition of equity—$4,335,170.14—occurring while the stock trades near its 52-week high of $218.19 (current price $207.95, +1.6% over 30 days, +6.2% over 90 days). Examination of his same-ticker history at AIT shows four prior measurable sells, none of which preceded price declines at the 90-day mark (0 of 4 well-timed); his cross-ticker track record across all open-market activity shows an average 90-day return of +6.0% after sells, indicating his prior dispositions have not been consistently predictive of downturns. The absence of a FLAG notation in the filing details prevents timing-based characterization of this specific transaction; investors should assess the sale against company fundamentals—revenue $1.1B with +1.5% annual growth and net income $97.2M—rather than relying on prior trade patterns as directional signals.

AIT CEO Schrimsher sells 3,703 shares at $202.24; retains 205,708 shares. Modest 1.8% position reduction.

CEO Neil A. Schrimsher sold 3,703 shares of Applied Industrial Technologies at $202.24 on 2024-08-19, reducing his holdings by 1.8% to 205,708 shares. The sale, valued at $748,894.72, represents a routine reduction of an already substantial position. Prior to this trade, Schrimsher's cross-ticker track record shows 6 prior open-market sales with an average 90-day return of +6.0% and a 0.00% well-timed rate—meaning those previous sales were followed by stock increases, not declines. At AIT specifically, his prior 4 measurable sells all resulted in positive 90-day returns (ranging from +4.8% to +9.4%), indicating none were well-timed as downside hedges. The current stock price of $204.51 is only -6.3% from the 52-week high, suggesting no clear deterioration in valuation or sentiment warranting urgent action.