Applied Materials (AMAT) senior vice president, CTO logs equity grants
Rhea-AI Filing Summary
Applied Materials, Inc. reported stock-based awards for its senior vice president and chief technology officer. On December 11, 2025, the executive acquired 9,734 performance share units, 9,534 performance share units, and 9,534 restricted stock units at a stated price of $0, as part of equity compensation.
After these transactions, the executive beneficially owns 202,175 shares directly. This figure includes 71,626 performance share units and restricted stock units that will convert on a one-for-one basis into common stock upon vesting. Vesting is scheduled across several dates from December 19, 2025 through December 19, 2028, and certain performance awards can vest between 0% and 200% of their target amount depending on achievement of specified performance goals and continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,734 | $0.00 | -- |
| Grant/Award | Common Stock | 9,534 | $0.00 | -- |
| Grant/Award | Common Stock | 9,534 | $0.00 | -- |
Footnotes (1)
- Represents performance share units acquired based on achievement of specified performance goals related to performance share units previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2025, subject to continued employment through the vesting date. Number of shares includes 71,626 performance share units and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 16,687 performance share units are scheduled to vest in December 2025, (b) 28,005 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and (c) 26,934 performance share units are scheduled to vest in installments in December of 2026 and 2027, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date). Represents performance share units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2028, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals. Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2026, subject to continued employment through each applicable vesting date.
FAQ
What insider stock transaction did Applied Materials (AMAT) report for its senior vice president and CTO?
The filing shows that Applied Materials’ senior vice president and chief technology officer acquired 9,734 performance share units, 9,534 performance share units, and 9,534 restricted stock units on December 11, 2025, all at a stated price of $0 as equity compensation.
Are the equity awards to the Applied Materials executive exempt under any specific rule?
One transaction in the filing, involving performance share units acquired based on achievement of specified performance goals, is described as an acquisition that is exempt under Rule 16b-3.