Applied Materials director granted 741 RSUs
APPLIED MATERIALS INC /DE director Thomas J. Iannotti received an equity award of 741 restricted stock units.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 741 | $0.00 | $0.00 |
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 AMAT director Thomas J. Iannotti report on this Form 4?
When do Thomas J. Iannotti’s 741 AMAT restricted stock units vest?
What plan governs the 741 restricted stock units reported by AMAT’s director?
AI-generated analysis. How Rhea-AI works. Not financial advice.