Applied Materials (NASDAQ: AMAT) exec sells 10k shares via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Applied Materials executive Prabu G. Raja reported a sale of 10,000 shares of common stock on June 18, 2026. The shares were sold in open-market transactions at a weighted average price of $633.53 per share through a living trust.
After the sale, the living trust held 346,642 shares indirectly, while Raja also held 100,663 shares directly. That direct figure includes 100,517 performance share units and restricted stock units that are scheduled to vest in installments from December 2026 through December 2028, subject to continued employment and performance goals.
Positive
- None.
Negative
- None.
Insights
Routine open-market sale by senior executive with substantial remaining holdings.
Prabu G. Raja, President of the Semiconductor Products Group at Applied Materials, reported selling 10,000 common shares at a weighted average of $633.53 per share through a living trust. This is a straightforward open-market transaction with no associated option exercise or derivative activity in this filing.
Following the sale, the living trust still holds 346,642 shares indirectly, and Raja also has 100,663 shares directly, including 100,517 performance and restricted stock units scheduled to vest between December 2026 and December 2028. The combination of sizable remaining share ownership and unvested equity awards suggests this is a routine liquidity event rather than a transformational change in exposure.
Insider Trade Summary
Net Seller: 10,000 shares ($6,335,300)
Net Sell
2 txns
Insider
Raja Prabu G.
Role
President, Semi. Products Grp.
Sold
10,000 shs ($6.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $633.53 | $6.34M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 346,642 shares (Indirect, Through Living Trust);
Common Stock — 100,663 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $633.51 and $633.79 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. Number of shares includes 100,517 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 common stock upon vesting, which vesting is scheduled to occur as follows: (a) 39,181 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 61,336 performance share units are scheduled to vest in installments in December of 2026 through 2028, 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).
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $633.53 per share
Sale price range: $633.51–$633.79 per share
+5 more
8 metrics
Shares sold
10,000 shares
Open-market sale on June 18, 2026
Weighted average sale price
$633.53 per share
Common stock sold via living trust
Sale price range
$633.51–$633.79 per share
Multiple trades making up the 10,000-share sale
Indirect holdings after sale
346,642 shares
Held through a living trust after the transaction
Direct holdings after transaction
100,663 shares
Direct ownership position following reported activity
Unvested PSUs and RSUs
100,517 units
Performance and restricted stock units included in holdings
Restricted stock units vesting
39,181 units
RSUs scheduled to vest in December 2026–2028
Performance share units target
61,336 units
PSUs vesting December 2026–2028 at 0–200% of target
Key Terms
weighted average price, performance share units, restricted stock units, living trust, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Number of shares includes 100,517 performance share units and 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.
living trust financial
"direct_or_indirect: I, nature_of_ownership: Through Living Trust"
open-market sale financial
"transaction_action: open-market sale, transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Prabu G. Raja report at Applied Materials (AMAT)?
Prabu G. Raja reported selling 10,000 shares of Applied Materials common stock. The sale occurred on June 18, 2026, as an open-market transaction executed through a living trust at a weighted average price of $633.53 per share, according to the Form 4 filing details.
What unvested equity awards does Prabu G. Raja have in Applied Materials (AMAT)?
Prabu G. Raja’s holdings include 100,517 performance share units and restricted stock units. These are scheduled to vest in installments from December 2026 through December 2028, with actual performance share vesting ranging from 0% to 200% of target based on achievement of specified goals.
Was Prabu G. Raja’s Applied Materials (AMAT) transaction an open-market sale?
Yes. The Form 4 describes the 10,000-share transaction as a sale in the open market or a private transaction. The reported weighted average selling price is $633.53 per share, with underlying trades executed within a narrow price range around that figure.
Did Prabu G. Raja exercise any options or derivatives in this Applied Materials (AMAT) Form 4?
No derivative exercises are shown in this Form 4. The filing reports one open-market sale of 10,000 common shares and a separate holding entry, with no option exercises, conversions, or other derivative transactions listed in the derivative transaction summary section.