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Award Timing Disclosure
12 Months Ended
Jun. 30, 2025
USD ($)
$ / shares
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
2025 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 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 2025.
 
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
  08/13/2024   15,210   197.43   77.29   0.6%
D. Wells
  08/13/2024    3,380   197.43   77.29   0.6%
W. Hoffner
  08/13/2024    2,070   197.43   77.29   0.6%
K. Loring
  08/13/2024    2,324   197.43   77.29   0.6%
J. Vasquez
  08/13/2024    1,796   197.43   77.29   0.6%
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 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 2025.
 
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
  08/13/2024   15,210   197.43   77.29   0.6%
D. Wells
  08/13/2024    3,380   197.43   77.29   0.6%
W. Hoffner
  08/13/2024    2,070   197.43   77.29   0.6%
K. Loring
  08/13/2024    2,324   197.43   77.29   0.6%
J. Vasquez
  08/13/2024    1,796   197.43   77.29   0.6%
N. Schrimsher [Member]  
Awards Close in Time to MNPI Disclosures  
Name N. Schrimsher
Underlying Securities 15,210
Exercise Price | $ / shares $ 197.43
Fair Value as of Grant Date | $ $ 77.29
Underlying Security Market Price Change 0.6
D. Wells [Member]  
Awards Close in Time to MNPI Disclosures  
Name D. Wells
Underlying Securities 3,380
Exercise Price | $ / shares $ 197.43
Fair Value as of Grant Date | $ $ 77.29
Underlying Security Market Price Change 0.6
W. Hoffner [Member]  
Awards Close in Time to MNPI Disclosures  
Name W. Hoffner
Underlying Securities 2,070
Exercise Price | $ / shares $ 197.43
Fair Value as of Grant Date | $ $ 77.29
Underlying Security Market Price Change 0.6
K. Loring [Member]  
Awards Close in Time to MNPI Disclosures  
Name K. Loring
Underlying Securities 2,324
Exercise Price | $ / shares $ 197.43
Fair Value as of Grant Date | $ $ 77.29
Underlying Security Market Price Change 0.6
J. Vasquez [Member]  
Awards Close in Time to MNPI Disclosures  
Name J. Vasquez
Underlying Securities 1,796
Exercise Price | $ / shares $ 197.43
Fair Value as of Grant Date | $ $ 77.29
Underlying Security Market Price Change 0.6