Applied Materials (NASDAQ: AMAT) CAO reports sale of 534 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Applied Materials Inc. corporate controller and chief accounting officer Adam Sanders reported an open-market sale of 534 shares of common stock. The shares were sold at a price of $379.16 per share.
After this transaction, Sanders directly holds 4,625 shares of common stock. That figure includes 4,489 restricted stock units that are scheduled to convert into common shares on a one-for-one basis upon vesting between April 2026 and January 2030, subject to his continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 534 shares ($202,471)
Net Sell
1 txn
Insider
Sanders Adam
Role
Corp. Controller & CAO
Sold
534 shs ($202K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 534 | $379.16 | $202K |
Holdings After Transaction:
Common Stock — 4,625 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Adam Sanders report for AMAT on this Form 4?
Adam Sanders reported an open-market sale of 534 shares of Applied Materials common stock. The transaction involved non-derivative common shares and reflects a reduction in his directly held shares while still maintaining a substantial equity position tied to future vesting.
What restricted stock units (RSUs) are included in Adam Sanders’ AMAT holdings?
His reported 4,625-share position includes 4,489 restricted stock units. These RSUs will convert into Applied Materials common stock on a one-for-one basis upon vesting, contingent on his continued employment through each applicable vesting date specified in the award schedule.
When are Adam Sanders’ Applied Materials restricted stock units scheduled to vest?
The 4,489 restricted stock units are scheduled to vest in installments from April 2026 through January 2030. Each vesting installment is conditioned on Adam Sanders remaining employed through the relevant vesting date before the units convert into common shares.
What role does Adam Sanders hold at Applied Materials (AMAT)?
Adam Sanders serves as Applied Materials’ corporate controller and chief accounting officer. His position makes him a reporting officer under SEC rules, requiring disclosure of equity transactions like this open-market sale of company common stock on Form 4.