Applied Materials (AMAT) CFO details performance and restricted stock

Rhea-AI Filing Summary

Applied Materials, Inc. reported that its SVP and CFO acquired multiple blocks of common stock on December 11, 2025 through equity awards at a price of $0 per share. These transactions reflect performance share units earned based on specified performance goals and additional performance share units and restricted stock units that will convert into common stock upon future vesting, subject to continued employment.

Following the reported transactions, the executive beneficially owns 171,627 shares100,996 performance share units and restricted stock units previously reported that are scheduled to vest in December 2025, in installments from December 2025 through 2027, and in installments from December 2026 through 2027. Certain performance share units have target amounts where the actual shares that may vest can range from 0% to 200% of the target, depending on achievement of specified performance goals, with key vesting dates including December 19, 2025 and December 19, 2028.

12/15/2025 - 07:57 PM

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^*

Hill Brice

(Last) (First) (Middle)

C/O APPLIED MATERIALS, INC.

3050 BOWERS AV, M/S 1268, P.O. BOX 58039

(Street)

SANTA CLARA CA 95052-8039

(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)
	SVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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	12/11/2025		A		13,334(1)	A	$0	143,859(2)(3)	D
Common Stock	12/11/2025		A		13,884(4)	A	$0	157,743(2)(3)	D
Common Stock	12/11/2025		A		13,884(5)	A	$0	171,627(2)(3)	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. Represents performance share units acquired based on achievement of specified performance goals related to performance share units previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2025, subject to continued employment through the vesting date.

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 100,996 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (cont'd)

3. (a) 22,859 performance share units are scheduled to vest in December 2025, (b) 39,790 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and (c) 38,347 performance share units are scheduled to vest in installments in December of 2026 and 2027, 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).

4. Represents performance share units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2028, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.

5. Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2026, subject to continued employment through each applicable vesting date.

Remarks:

	/s/ To-Anh Nguyen, Attorney-in-Fact	12/15/2025
	** 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

What did Applied Materials (AMAT) disclose in this Form 4 filing?

The filing shows that the SVP and CFO of Applied Materials, Inc. acquired shares of common stock on December 11, 2025 through performance share units and restricted stock units, all at a price of $0 per share, as part of the company’s equity compensation arrangements.

How many Applied Materials shares does the SVP, CFO beneficially own after the reported transactions?

After the reported equity awards, the SVP and CFO beneficially owns 171,627 shares of Applied Materials common stock, including shares underlying previously reported performance share units and restricted stock units.

What types of equity awards were reported for the Applied Materials (AMAT) CFO?

The transactions involve performance share units and restricted stock units that convert on a one-for-one basis into Applied Materials common stock upon vesting, as well as increases from periodic payroll acquisitions under an Employees' Stock Purchase Plan that are described as exempt under Rule 16a-3 and Rule 16b-3.

When do the reported performance share units and restricted stock units for Applied Materials vest?

One award of performance share units is scheduled to vest on December 19, 2025. Other previously reported units are scheduled to vest in December 2025, in installments from December 2025 through 2027, and in installments from December 2026 and 2027. Additional performance share units are scheduled to vest on December 19, 2028, and certain restricted stock units vest in three equal annual installments beginning December 19, 2026, all subject to continued employment.

What performance conditions apply to the Applied Materials (AMAT) performance share units?

The filing states that specific awards of performance share units are based on the achievement of specified performance goals. For these awards, the actual number of shares that may vest can range from 0% to 200% of the target amount, depending on how those performance goals are met and subject to continued employment through each applicable vesting date.

Are the equity awards in this Applied Materials Form 4 described as exempt under SEC rules?

Yes. The acquisition of certain performance share units is described as exempt under Rule 16b-3, and the increased number of shares from periodic payroll acquisitions under the Employees' Stock Purchase Plan is described as exempt under Rule 16a-3 and Rule 16b-3.