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Applied Materials SVP has 2,644 shares withheld for tax

Applied Materials SVP, Applied Global Services Timothy M. Deane had 2,644 shares automatically withheld on October 1, 2026, upon vesting of restricted stock units to cover tax-withholding obligations.

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Form Type
4

Rhea-AI Filing Summary

Applied Materials SVP, Applied Global Services Timothy M. Deane had 2,644 shares automatically withheld on October 1, 2026, upon vesting of restricted stock units to cover tax-withholding obligations. His reported post-transaction amount was 130,462 shares; a footnote says this amount includes 59,726 previously reported performance share units and restricted stock units scheduled to convert into common stock upon vesting.

Insights

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Insider Deane Timothy M
Role SVP, Applied Global Services
Type Security Shares Price Value
Tax Withholding Common Stock F1, F2 2,644 $529.30 $1.40M
Holdings After Transaction: Common Stock — 130,462 shares (Direct)
Footnotes (2)
  1. F1. Represents number of shares that were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
  2. F2. Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 59,726 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. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 23,535 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 36,191 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).
Shares withheld for tax obligations 2,644 shares Automatically withheld upon vesting on October 1, 2026
Reported post-transaction amount 130,462 shares After the October 1, 2026 transaction; includes previously reported units described in a footnote
Previously reported performance share units and restricted stock units 59,726 units Included in the reported post-transaction amount and scheduled to convert upon vesting
Restricted stock units scheduled to vest 23,535 units Scheduled to vest in installments in December of 2026 through 2028
Performance share units scheduled to vest 36,191 units Target amount scheduled to vest in installments in December of 2026 through 2028
Performance-unit vesting range 0% to 200% of target Actual number of performance share units that may vest, depending on specified performance goals
restricted stock units technical
"withheld upon vesting of restricted stock units"
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.
performance share units technical
"includes 59,726 performance share units"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
Employees' Stock Purchase Plan financial
"periodic payroll acquisitions under Employees' Stock Purchase Plan"
Rule 16b-3 regulatory
"transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AMAT shares did Timothy M. Deane have withheld for taxes?

2,644 shares were automatically withheld on October 1, 2026, upon vesting of restricted stock units to cover tax-withholding obligations.

Why did Timothy M. Deane's reported AMAT share amount increase?

The reported increase reflects periodic payroll acquisitions under the Employees' Stock Purchase Plan. The reported amount also includes 59,726 previously reported performance share units and restricted stock units scheduled to convert into common stock upon vesting.

When are Timothy M. Deane's AMAT restricted and performance units scheduled to vest?

23,535 restricted stock units and 36,191 performance share units are scheduled to vest in installments in December of 2026 through 2028, subject to continued employment through each applicable vesting date. The actual number of performance share units that may vest ranges from 0% to 200% of the target amount, depending on specified performance goals.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Deane Timothy M

(Last)(First)(Middle)
C/O APPLIED MATERIALS, INC.
3050 BOWERS AVE, PO BOX 58039, M/S 5030

(Street)
SANTA CLARA CALIFORNIA 95054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Applied Global Services
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10/01/2026F2,644(1)D$529.3130,462(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents number of shares that were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
2. Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 59,726 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. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 23,535 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 36,191 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).
Remarks:
/s/ Brendan Christian, Attorney-in-Fact10/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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