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.
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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.
How many shares does the Applied Materials officer beneficially own after these transactions?
After the reported equity awards, the officer beneficially owned 161,560 shares of Applied Materials common stock, which includes previously reported performance share units and restricted stock units that will convert into shares upon vesting.
What new performance share units did the Applied Materials (AMAT) officer receive?
The officer received 10,182 performance share units on 12/11/2025. These units will convert into an equal number of shares of Applied Materials common stock if they vest on December 19, 2028, with the actual number of shares vesting ranging from 0% to 200% of the target based on achievement of specified performance goals and continued employment.
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.
How are previously reported performance share units and RSUs at Applied Materials scheduled to vest?
The 75,334 performance share units and restricted stock units included in the officer’s total beneficial ownership are scheduled to vest as follows: 12,801 performance share units in December 2025, 36,524 restricted stock units in installments from December 2025 through 2027, and 26,009 performance share units in installments in December 2026 and 2027, with the performance awards vesting between 0% and 200% of target depending on performance and continued employment.
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.