Applied Materials (NASDAQ: AMAT) director gifts 17,855 shares, holds 93,928
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Applied Materials director Aart de Geus reported a charitable-style transfer of shares. He made a bona fide gift of 17,855 shares of Applied Materials common stock, with no sale proceeds reported. After the gift, he directly holds 93,928 shares.
This post-transaction amount includes 741 restricted stock units that are scheduled to convert into common shares on a one-for-one basis in March 2027, subject to his continued service as a director through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,855 shares gifted
Mixed
1 txn
Insider
DE GEUS AART
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 17,855 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 93,928 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 17,855 shares
Shares held after transaction: 93,928 shares
Gift price per share: $0.00 per share
+1 more
4 metrics
Gifted shares
17,855 shares
Bona fide gift of common stock on the reported transaction date
Shares held after transaction
93,928 shares
Direct holdings of Aart de Geus following the gift
Gift price per share
$0.00 per share
Reported transaction price for the bona fide gift
Restricted stock units
741 RSUs
Included in reported holdings; scheduled to vest in March 2027
Key Terms
bona fide gift, restricted stock units, vesting, common stock
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"Number of shares includes 741 restricted stock units previously reported"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"will be converted ... upon vesting, which vesting is scheduled to occur in March 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
common stock financial
"one-for-one basis into shares of Applied Materials, Inc. common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did AMAT director Aart de Geus report on this Form 4?
Aart de Geus reported a bona fide gift of 17,855 Applied Materials common shares. This is a non-sale disposition, meaning he did not receive cash proceeds and the transfer was made as a gift rather than an open-market trade.
Does the AMAT Form 4 filing indicate any stock option exercises or sales?
The filing shows no stock option exercises or open-market sales. It reports only a bona fide gift of 17,855 common shares, coded as a G transaction, which is classified as a non-derivative, non-sale disposition in the Form 4 transaction summary.
What restricted stock units (RSUs) are reported for Aart de Geus in AMAT?
The filing notes 741 restricted stock units for Aart de Geus. These RSUs are scheduled to convert into Applied Materials common shares on a one-for-one basis in March 2027, if he continues serving as a director through the vesting date.