Applied Materials (AMAT) director’s family trust sells 1,128 shares
Rhea-AI Filing Summary
APPLIED MATERIALS INC /DE director Judy Bruner reported an insider sale and updated equity holdings. A family trust associated with her sold 1,128 shares of Common Stock in an open‑market transaction on May 26, 2026 at a weighted average price between $450.00 and $450.01 per share, leaving 26,544 indirectly held shares.
The filing also notes 741 restricted stock units held directly, which are scheduled to convert one-for-one into Applied Materials common stock upon vesting in March 2027, subject to her continued service as a director through the vesting date.
Positive
- None.
Negative
- None.
Insights
Director-linked trust makes small open-market sale; position remains sizable.
Director Judy Bruner reported that a family trust associated with her sold 1,128 Applied Materials shares at a weighted average price around $450 per share. After the sale, the trust continues to hold 26,544 shares, indicating the transaction affects only a small portion of the visible indirect position.
The filing also shows she holds 741 restricted stock units scheduled to vest in March 2027, which would convert into common stock if she remains a director through that date. Overall, this looks like a routine liquidity event rather than a major change in ownership, based solely on the data in this report.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,128 | $450.00 | $508K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $450.00 and $450.01 per share. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in footnote 1 to this Form 4. Represents 741 restricted stock units previously reported that in the future will be converted on a one-for-one basis into Applied common stock upon vesting, which vesting is scheduled to occur in March 2027 (subject to continued service as a director through the vesting date).