v3.26.1
Award Timing Disclosure
 12 Months Ended
Jun. 30, 2026
USD ($)
$ / shares
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
2026 Policies and Practices Related to the Grant of Certain Equity Awards
At each August meeting, it is the Committee’s long-standing practice to review Applied’s results for the previous fiscal year, review the Company’s financial plan and strategy for the upcoming fiscal year, and based on those reviews approve the granting of equity awards for the upcoming fiscal year. The Committee does not take material nonpublic information into account when determining the timing or terms of equity award grants, and the Company does not time the disclosure of material nonpublic information for the purposes of affecting the value of executive compensation. The grant date for those equity awards is always the date of the August meeting, which date is generally set two to three years in advance. It is the Committee’s belief that maintaining a consistent grant practice, based on a date that is set multiple years in advance, is in the best interests of the Company.
As required pursuant to Item 402(x) of Regulation
S-K,
the following table shows the number of SARs issued for fiscal year 2026.
 
Name
  
Grant Date
  
Number of
Securities
 Underlying 
the Award
  
 Exercise 
Price of
the Award
($/Sh)
  
Grant Date
 Fair Value of 
the Award
($)
  
Percentage Change in the Closing Market Price
of the Securities Underlying the Award
Between the Trading Day Ending Immediately
Prior to the Disclosure of Material Nonpublic
Information and the Trading Day Beginning
Immediately Following the Disclosure of
Material Nonpublic Information (%)
N. Schrimsher
   8/12/2025   12,062   270.68   115.07   -7.5%
D. Wells
   8/12/2025    2,664   270.68   115.07   -7.5%
W. Hoffner
   8/12/2025    1,582   270.68   115.07   -7.5%
K. Loring
   8/12/2025    1,825   270.68   115.07   -7.5%
J. Vasquez
   8/12/2025    1,453   270.68   115.07   -7.5%
Award Timing Method At each August meeting, it is the Committee’s long-standing practice to review Applied’s results for the previous fiscal year, review the Company’s financial plan and strategy for the upcoming fiscal year, and based on those reviews approve the granting of equity awards for the upcoming fiscal year. The Committee does not take material nonpublic information into account when determining the timing or terms of equity award grants, and the Company does not time the disclosure of material nonpublic information for the purposes of affecting the value of executive compensation. The grant date for those equity awards is always the date of the August meeting, which date is generally set two to three years in advance.
Awards Close in Time to MNPI Disclosures, Table
As required pursuant to Item 402(x) of Regulation
S-K,
the following table shows the number of SARs issued for fiscal year 2026.
 
Name
  
Grant Date
  
Number of
Securities
 Underlying 
the Award
  
 Exercise 
Price of
the Award
($/Sh)
  
Grant Date
 Fair Value of 
the Award
($)
  
Percentage Change in the Closing Market Price
of the Securities Underlying the Award
Between the Trading Day Ending Immediately
Prior to the Disclosure of Material Nonpublic
Information and the Trading Day Beginning
Immediately Following the Disclosure of
Material Nonpublic Information (%)
N. Schrimsher
   8/12/2025   12,062   270.68   115.07   -7.5%
D. Wells
   8/12/2025    2,664   270.68   115.07   -7.5%
W. Hoffner
   8/12/2025    1,582   270.68   115.07   -7.5%
K. Loring
   8/12/2025    1,825   270.68   115.07   -7.5%
J. Vasquez
   8/12/2025    1,453   270.68   115.07   -7.5%
N. Schrimsher [Member]  
Awards Close in Time to MNPI Disclosures  
Name N. Schrimsher
Underlying Securities 12,062
Exercise Price | $ / shares $ 270.68
Fair Value as of Grant Date | $ $ 115.07
Underlying Security Market Price Change (7.5)
D. Wells [Member]  
Awards Close in Time to MNPI Disclosures  
Name D. Wells
Underlying Securities 2,664
Exercise Price | $ / shares $ 270.68
Fair Value as of Grant Date | $ $ 115.07
Underlying Security Market Price Change (7.5)
W. Hoffner [Member]  
Awards Close in Time to MNPI Disclosures  
Name W. Hoffner
Underlying Securities 1,582
Exercise Price | $ / shares $ 270.68
Fair Value as of Grant Date | $ $ 115.07
Underlying Security Market Price Change (7.5)
K. Loring [Member]  
Awards Close in Time to MNPI Disclosures  
Name K. Loring
Underlying Securities 1,825
Exercise Price | $ / shares $ 270.68
Fair Value as of Grant Date | $ $ 115.07
Underlying Security Market Price Change (7.5)
J. Vasquez [Member]  
Awards Close in Time to MNPI Disclosures  
Name J. Vasquez
Underlying Securities 1,453
Exercise Price | $ / shares $ 270.68
Fair Value as of Grant Date | $ $ 115.07
Underlying Security Market Price Change (7.5)