Applied Materials (AMAT) director awarded 741-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Applied Materials director Scott A. McGregor reported receiving an automatic annual equity grant of 741 restricted stock units as a non-employee Board member under the company’s Employee Stock Incentive Plan. These units convert 1-for-1 into common shares upon vesting on March 1, 2027, subject to his continued service as a director. Following this compensation award, McGregor directly holds 24,577 shares of Applied Materials common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCGREGOR SCOTT A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 741 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,577 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AMAT director Scott A. McGregor report?
Scott A. McGregor reported an equity grant of 741 restricted stock units. The award is an automatic annual grant for a non-employee director and is part of Applied Materials’ Employee Stock Incentive Plan, rather than an open-market stock purchase.
When do Scott A. McGregor’s 741 AMAT restricted stock units vest?
The 741 restricted stock units are scheduled to vest on March 1, 2027. Vesting requires McGregor’s continued service as a director through that date, after which the units convert on a one-for-one basis into Applied Materials common shares.
What are Scott A. McGregor’s total AMAT holdings after this Form 4 transaction?
After the reported grant, McGregor directly holds 24,577 shares of Applied Materials common stock. This total reflects his position following the award of 741 restricted stock units reported in the Form 4 filing.
Was the AMAT Form 4 a market purchase or a compensation grant?
The Form 4 reflects a compensation-related grant, not a market purchase. McGregor received 741 restricted stock units as an automatic annual award for non-employee directors under the Employee Stock Incentive Plan, with no cash price per share reported.
How will the 741 AMAT restricted stock units reported by McGregor be settled?
The 741 restricted stock units will convert into common shares upon vesting. The filing states they will be exchanged on a one-for-one basis into Applied Materials common stock when they vest on March 1, 2027, subject to continued board service.