Applied Materials director receives stock grant
Applied Materials director Kevin P. March received an automatic equity award as part of his board compensation.
Rhea-AI Filing Summary
Applied Materials director Kevin P. March received an automatic equity award as part of his board compensation. He was granted 741 restricted stock units of Applied Materials common stock, with no cash paid per share. These units convert one-for-one into common shares when they vest.
The award is scheduled to vest on March 1, 2027, subject to his continued service as a director through that date. Following this grant, he holds 2,324 shares directly, and 4,356 shares are reported as held indirectly through a family trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 741 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2027 (subject to continued service as a director through the vesting date).
FAQ
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What did Kevin P. March report in his Form 4 for AMAT?
When do Kevin P. March’s restricted stock units in AMAT vest?
Is Kevin P. March’s AMAT Form 4 transaction a market purchase or sale?
What plan governs Kevin P. March’s restricted stock unit grant at AMAT?
AI-generated analysis. How Rhea-AI works. Not financial advice.