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Applied Materials (NASDAQ: AMAT) exec reports trust transfer and vesting RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Applied Materials, Inc. executive Raja Prabu G., President of the Semiconductor Products Group, reported a small transfer of 45 shares of common stock on 11/21/2025, coded "G", effected indirectly through a living trust at a stated price of $0 per share. After this transaction, he beneficially owned 337,924 indirect shares through the living trust and 169,333 direct shares as of January 8, 2026. The direct holdings figure includes 100,517 performance share units and restricted stock units that may convert one-for-one into common stock upon vesting. These consist of 39,181 restricted stock units and a target of 61,336 performance share units, scheduled to vest in installments in December 2026 through 2028, with the performance share payout ranging from 0% to 200% of the target based on specified performance goals and continued employment.

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Insider Raja Prabu G.
Role President, Semi. Products Grp.
Type Security Shares Price Value
Gift Common Stock 45 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 337,924 shares (Indirect, Through Living Trust); Common Stock — 169,333 shares (Direct)
Footnotes (1)
  1. Amount of Securities Beneficially Owned is as of January 8, 2026. Amount of Securities Beneficially Owned is as of January 8, 2026. 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 Materials, Inc. 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).
SEC Form 4
FORM 4 UNITED 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*
Raja Prabu G.

(Last) (First) (Middle)
C/O APPLIED MATERIALS, INC.
3050 BOWERS AVE., M/S 1268, PO BOX 58039

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Semi. Products Grp.
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 11/21/2025 G 45 D $0 337,924(1) I Through Living Trust
Common Stock 169,333(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Amount of Securities Beneficially Owned is as of January 8, 2026.
2. Amount of Securities Beneficially Owned is as of January 8, 2026. 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 Materials, Inc. 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).
Remarks:
/s/ To-Anh Nguyen, Attorney-in-Fact 01/08/2026
** Signature of Reporting Person Date
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.

FAQ

Who is the insider reporting this Form 4 for AMAT?

The reporting person is Raja Prabu G., who serves as President, Semiconductor Products Group at Applied Materials, Inc. (AMAT).

What insider transaction did Raja Prabu G. report for Applied Materials (AMAT)?

He reported a code "G" transaction on 11/21/2025 involving 45 shares of Applied Materials common stock, transferred at a stated price of $0 per share and held indirectly through a living trust.

How many Applied Materials shares does Raja Prabu G. hold indirectly after this transaction?

Following the reported transaction, he beneficially owned 337,924 shares of Applied Materials common stock indirectly, held through a living trust as of January 8, 2026.

How many Applied Materials (AMAT) shares does Raja Prabu G. hold directly?

He beneficially owned 169,333 shares directly as of January 8, 2026. This number includes performance share units and restricted stock units that may convert into common stock upon vesting.

What equity awards are included in Raja Prabu G.'s AMAT direct holdings?

The direct holdings number includes 100,517 performance share units and restricted stock units: 39,181 restricted stock units and a target of 61,336 performance share units, each scheduled to vest in installments in December 2026 through 2028, subject to continued employment and performance goals.

How do the Applied Materials performance share units for Raja Prabu G. vest?

The 61,336 performance share units are scheduled to vest in installments in December 2026 through 2028, with the actual number of shares that may vest ranging from 0% to 200% of the target based on achievement of specified performance goals and continued employment.

Does this Form 4 indicate large insider selling at Applied Materials?

The reported transaction is a 45-share transfer coded "G" and a holdings update. The filing mainly details current indirect and direct beneficial ownership and the vesting schedule of existing equity awards, rather than a large open-market sale.

Applied Matls Inc

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Semiconductor Equipment & Materials
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