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Applied Materials (NASDAQ: AMAT) director receives 741 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

APPLIED MATERIALS INC /DE director Thomas J. Iannotti received an equity award of 741 restricted stock units. The grant is an automatic annual award for non-employee directors under the company’s stock incentive plan. These units convert one-for-one into common shares upon vesting on March 1, 2027, contingent on continued board service. After the grant, he directly holds 51,309 shares, indicating this is a routine, compensation-related acquisition rather than an open-market purchase.

Positive

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Negative

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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*
Iannotti Thomas J

(Last) (First) (Middle)
C/O APPLIED MATERIALS, INC.
3050 BOWERS AV, M/S 1268 P.O. BOX 58039

(Street)
SANTA CLARA CA 95054

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
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 03/12/2026 A 741(1) A $0 51,309 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 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).
Remarks:
/s/ To-Anh Nguyen, Attorney-in-Fact 03/13/2026
** 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 AMAT director Thomas J. Iannotti report on this Form 4?

He reported receiving 741 restricted stock units of Applied Materials common stock. The award is an automatic annual grant for non-employee directors under the company’s stock incentive plan and represents a compensation-related equity grant rather than an open-market purchase.

Is the AMAT Form 4 transaction a market buy or sell of shares?

The transaction is not a market buy or sell; it is a grant of 741 restricted stock units. The Form 4 classifies it as a grant or award acquisition, reflecting routine director compensation rather than a discretionary purchase or sale in the open market.

When do Thomas J. Iannotti’s 741 AMAT restricted stock units vest?

The 741 restricted stock units are scheduled to vest on March 1, 2027. Upon vesting, each unit converts into one share of Applied Materials common stock, provided he continues serving as a director through the vesting date under the plan’s terms.

How many Applied Materials shares does Thomas J. Iannotti hold after this Form 4?

Following the grant, he directly holds 51,309 shares of Applied Materials common stock. This figure includes the effect of the 741 newly awarded restricted stock units, as reported in the Form 4’s post-transaction ownership disclosure for his direct holdings.

What plan governs the 741 restricted stock units reported by AMAT’s director?

The award is made under the Applied Materials, Inc. Employee Stock Incentive Plan. The footnote states it is an automatic annual grant of restricted stock units to a non-employee board member, with one-for-one conversion into common shares upon vesting on March 1, 2027.
Applied Matls Inc

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