Applied Materials (AMAT) CFO sells 2,500 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APPLIED MATERIALS INC /DE Senior Vice President and CFO Brice Hill reported an open-market sale of 2,500 shares of common stock on June 3, 2026 at an average price of $498.8615 per share.
After this transaction, he directly owns 136,113 shares of Applied Materials stock. This total includes 85,503 performance share units and restricted stock units that will convert into common shares upon vesting between December 2026 and December 2028, subject to continued employment and performance goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares ($1,247,154)
Net Sell
1 txn
Insider
Hill Brice
Role
SVP, CFO
Sold
2,500 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $498.8615 | $1.25M |
Holdings After Transaction:
Common Stock — 136,113 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,500 shares
Sale price per share: $498.8615 per share
Shares owned after sale: 136,113 shares
+3 more
6 metrics
Shares sold
2,500 shares
Open-market sale of common stock on June 3, 2026
Sale price per share
$498.8615 per share
Average price for the 2,500 shares sold
Shares owned after sale
136,113 shares
Total beneficial ownership following the transaction
Equity awards included in holdings
85,503 units
Performance share units and restricted stock units included in total
Restricted stock units
33,272 units
RSUs scheduled to vest in installments December 2026-2028
Performance share units
52,231 units
PSUs vesting in installments December 2026-2028 at 0%-200% of target
Key Terms
Employees' Stock Purchase Plan, performance share units, restricted stock units, Rule 16a-3 and Rule 16b-3
4 terms
Employees' Stock Purchase Plan financial
"periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt"
restricted stock units financial
"33,272 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 and Rule 16b-3 regulatory
"acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3"
FAQ
What insider transaction did AMAT CFO Brice Hill report?
Brice Hill, SVP and CFO of Applied Materials, reported selling 2,500 shares of common stock in an open-market transaction. The trade occurred on June 3, 2026, and was disclosed in a Form 4 insider trading report filed with regulators.
What equity awards are included in Brice Hill’s AMAT holdings?
Brice Hill’s reported holdings include 85,503 performance share units and restricted stock units. These consist of 33,272 restricted stock units and 52,231 performance share units that may vest in installments from December 2026 through December 2028, subject to employment and performance conditions.
When are Brice Hill’s AMAT performance and restricted stock units scheduled to vest?
His equity awards are scheduled to vest in installments between December 2026 and December 2028. This schedule covers 33,272 restricted stock units and 52,231 performance share units, with the performance share payouts depending on achievement of specified performance goals.