Applied Materials director granted 741 stock units
APPLIED MATERIALS INC /DE director Alexander Karsner reported an automatic equity award.
Rhea-AI Filing Summary
APPLIED MATERIALS INC /DE director Alexander Karsner reported an automatic equity award. He received 741 restricted stock units as a non-employee Board member under the company’s Employee Stock Incentive Plan. These units carry no purchase price.
The restricted stock units will convert on a one-for-one basis into Applied Materials common stock when they vest. Vesting is scheduled for March 1, 2027, contingent on his continued service as a director through that date. Following this award, Karsner directly holds 16,849 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 741 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2027 (subject to continued service as a director through the vesting date).
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