Applied Materials (AMAT) SVP receives new PSUs and RSUs in equity awards
Rhea-AI Filing Summary
A senior vice president of Applied Materials, Inc., serving as SVP of Applied Global Services, reported multiple equity awards dated 12/11/2025. The officer acquired 7,467 shares of common stock at $0 per share through performance share units earned based on achievement of specified performance goals; these shares are scheduled to vest on December 19, 2025, subject to continued employment.
The officer also received new grants of 10,182 performance share units and 10,182 restricted stock units, each convertible into one share of Applied Materials common stock upon vesting. The performance share units are scheduled to vest on December 19, 2028, with the actual shares vesting ranging from 0% to 200% of the target based on performance and continued employment, while the restricted stock units are scheduled to vest in three equal annual installments beginning December 19, 2026. Following these transactions, the officer beneficially owned 161,560 shares, including previously reported unvested units with vesting dates through 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,467 | $0.00 | -- |
| Grant/Award | Common Stock | 10,182 | $0.00 | -- |
| Grant/Award | Common Stock | 10,182 | $0.00 | -- |
Footnotes (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. Number of shares includes 75,334 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: (a) 12,801 performance share units are scheduled to vest in December 2025, (b) 36,524 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and (c) 26,009 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). 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. 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.
FAQ
What insider transaction did Applied Materials (AMAT) report on 12/11/2025?
A company officer serving as SVP, Applied Global Services reported acquiring 7,467 shares of Applied Materials common stock at $0 per share on 12/11/2025 through performance share units earned based on achievement of specified performance goals.
What new restricted stock units were granted to the Applied Materials officer?
The officer was granted 10,182 restricted stock units on 12/11/2025. These units will be converted on a one-for-one basis into shares of Applied Materials common stock, vesting in three equal annual installments beginning on December 19, 2026, subject to continued employment through each vesting date.
Are these Applied Materials insider equity awards contingent on continued employment?
Yes. The 7,467 shares earned from performance share units vesting on December 19, 2025, the previously reported units vesting through 2027, and the new 10,182 performance share units and 10,182 restricted stock units all require continued employment through the applicable vesting dates, with performance share units also depending on achievement of specified performance goals.