STOCK TITAN

Applied Materials (AMAT) SVP sells 8,621 shares and makes stock gift

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Applied Materials senior vice president Timothy M. Deane reported both an open-market sale and a share gift. He sold 8,621 shares of common stock at an average price of $590.7649 per share and made a bona fide gift of 1,545 shares. After these transactions, he directly holds 133,086 shares. His holdings include 65,058 performance share units and restricted stock units that may convert one-for-one into common stock between October 2026 and 2028, subject to continued employment and performance conditions, with actual performance share vesting ranging from 0% to 200% of the target amount.

Positive

  • None.

Negative

  • None.
Insider Deane Timothy M
Role SVP, Applied Global Services
Sold 8,621 shs ($5.09M)
Type Security Shares Price Value
Sale Common Stock 8,621 $590.7649 $5.09M
Gift Common Stock 1,545 $0.00 --
Holdings After Transaction: Common Stock — 134,631 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 8,621 shares Open-market sale of common stock
Sale price $590.7649 per share Average price for 8,621 shares sold
Shares gifted 1,545 shares Bona fide gift of common stock
Direct holdings after transactions 133,086 shares Common stock directly owned post-sale and gift
PSUs and RSUs held 65,058 units Performance and restricted stock units that may convert one-for-one
Performance share vesting range 0%–200% of target Actual shares vesting depend on performance goals
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Employees' Stock Purchase Plan financial
"reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt"
performance share units financial
"includes 65,058 performance share units and restricted stock units previously reported"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
restricted stock units financial
"28,867 restricted stock units are scheduled to vest in installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16a-3 regulatory
"acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3"
Rule 16b-3 regulatory
"acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
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SEC Form 4
FORM 4UNITED 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*
Deane Timothy M

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

(Street)
SANTA CLARA CALIFORNIA 95052-8039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Applied Global Services
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026S8,621D$590.7649134,631(1)D
Common Stock06/15/2026G1,545D$0133,086D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 65,058 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. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 28,867 restricted stock units are scheduled to vest in installments in October of 2026 and December of 2026 through 2028, and (b) 36,191 performance share units are scheduled to vest in installments in December of 2026 through 2028, 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).
Remarks:
/s/ Brendan Christian, Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did AMAT executive Timothy M. Deane report?

Timothy M. Deane reported two transactions: an open-market sale of 8,621 Applied Materials shares at $590.7649 each and a bona fide gift of 1,545 shares. These moves adjust his direct ownership while reflecting both a sale and a non-market transfer.

How many Applied Materials (AMAT) shares did the SVP sell in this Form 4?

The senior vice president sold 8,621 shares of Applied Materials common stock in an open-market transaction at an average price of $590.7649 per share. This is a discretionary sale and is separate from any automatic or tax-related share dispositions.

Did the AMAT executive make any gifts of stock in this filing?

Yes. Timothy M. Deane reported a bona fide gift of 1,545 shares of Applied Materials common stock. Gifts are non-market transfers with no sale proceeds, so they do not directly indicate views on the company’s share price or valuation.

What are Timothy M. Deane’s Applied Materials holdings after these transactions?

Following the reported sale and gift, Timothy M. Deane directly holds 133,086 shares of Applied Materials common stock. This direct position reflects his remaining equity stake excluding additional potential shares from unvested performance and restricted stock units.

How many RSUs and performance share units does the AMAT SVP hold?

His reported holdings include 65,058 performance share units and restricted stock units that may convert one-for-one into Applied Materials common stock. Vesting is scheduled between October 2026 and 2028, subject to continued employment and achievement of specified performance goals.

When will the AMAT executive’s performance and restricted stock units vest?

28,867 restricted stock units are scheduled to vest in installments in October 2026 and December 2026 through 2028. An additional 36,191 performance share units are scheduled to vest in installments from December 2026 through 2028, contingent on performance and continued employment.