{"schema_version":"secwatch.filing_event.v1","accession":"0000109563-22-000130","form_type":"8-K","ticker":"AIT","cik":"0000109563","company_name":"APPLIED INDUSTRIAL TECHNOLOGIES INC","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.593448+00:00","generated_at":"2026-06-22T17:00:44.477960+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Applied Industrial amends shelf agreement; extends issuance window, reduces fees","bullets":["Shelf note issuance period extended by three years, now until October 31, 2025.","Leverage-based fees on Series E Notes and future shelf issuances reduced.","Most favored lender clause benefiting Prudential eliminated.","Affects $25M 3.21% Series D Notes due 2023 and $25M 3.08% Series E Notes due 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000109563-22-000130","json":"https://secwatch.observer/filing/0000109563-22-000130.json","markdown":"https://secwatch.observer/filing/0000109563-22-000130.md","text":"https://secwatch.observer/filing/0000109563-22-000130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/109563/000010956322000130/0000109563-22-000130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/109563/000010956322000130/ait-20221028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T17:00:44.477960+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"87710b84b2ecab40621965a8317d7a5c5f82a124","claim":"APPLIED INDUSTRIAL TECHNOLOGIES INC amended Amendment No. 3 with PGIM, Inc. and certain of its affiliates (collectively, \"Prudential\") (effective 2022-10-28).","evidence_excerpt":"On October 28, 2022, Applied Industrial Technologies, Inc. (the “Registrant”) and certain of its subsidiaries entered into Amendment No. 3 (the “Shelf Amendment”) to that certain Amended and Restated Note Purchase and Private Shelf Agreement dated as of October 30, 2019 (as so amended, the “Private Shelf Agreement”), with PGIM, Inc. and certain of its affiliates (collectively, “Prudential”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/109563/000010956322000130/0000109563-22-000130-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"PGIM, Inc. and certain of its affiliates (collectively, \"Prudential\")"},{"label":"Effective","value":"2022-10-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}