Applied Materials (AMAT) officer reports trust stock transfer
Rhea-AI Filing Summary
Applied Materials officer Raja Prabu G., President of the Semiconductor Products Group, reported a small change in his indirect holdings of common stock. On 11/21/2025, a transaction coded "G" involving 45 shares of Applied Materials common stock occurred through a living trust associated with him at a reported price of $0 per share, leaving 337,924 shares beneficially owned indirectly through that trust as of January 8, 2026.
Separately, he beneficially owned 169,333 shares directly as of January 8, 2026. This direct amount includes 100,517 performance share units and restricted stock units that may convert into common stock on a one-for-one basis upon vesting. The filing notes that 39,181 restricted stock units and 61,336 performance share units are scheduled to vest in installments in December of 2026 through 2028, with the performance units potentially delivering from 0% to 200% of the target number based on specified performance goals and continued employment.
Positive
- None.
Negative
- None.
FAQ
What insider activity did AMAT officer Raja Prabu G. report?
The report shows a transaction coded "G" on 11/21/2025 involving 45 shares of Applied Materials common stock at a reported price of $0 per share, carried out through a living trust associated with him.
How many Applied Materials (AMAT) shares are indirectly held through the living trust?
Following the reported transaction, 337,924 shares of Applied Materials common stock were beneficially owned indirectly through a living trust associated with Raja Prabu G. as of January 8, 2026.
How many Applied Materials (AMAT) shares does Raja Prabu G. hold directly?
He beneficially owned 169,333 shares of Applied Materials common stock directly as of January 8, 2026, according to the filing.
What equity awards are included in Raja Prabu G.’s direct AMAT holdings?
The 169,333 direct shares include 100,517 performance share units and restricted stock units that may convert on a one-for-one basis into Applied Materials common stock upon vesting.
When are Raja Prabu G.’s AMAT restricted and performance share units scheduled to vest?
The filing states that 39,181 restricted stock units and 61,336 performance share units are scheduled to vest in installments in December of 2026 through 2028, subject to continued employment and, for performance units, achievement of specified goals.
How can the number of AMAT performance share units that vest change?
The number of performance share units that ultimately vest can range from 0% to 200% of the 61,336 target units, depending on achievement of specified performance goals and continued employment through each vesting date.